$BANK
@Lorenzo Protocol BANK/USDT – Preparing for a Base Formation
Current Price: 0.0405
24h Range: 0.0387 – 0.0441
Key States:
BANK tested 0.0402 twice and defended it strongly, showing early signs of accumulation.
Support: 0.0400 then 0.0387
Resistance: 0.0417 then 0.0434
Market Insight:
Lower volatility signals a tightening phase before expansion. MA5 crossing above MA10 soon would confirm bullish rotation.
Sentiment: Neutral → Slight Bullish
Targets:
Upside: 0.0426 – 0.0440
Downside: 0.0390 if 0.0400 breaks
Next Move:
Expect a slow grind upward unless BTC forces volatility. A close above 0.0417 flips the short-term trend.
Pro Tip:
BANK reacts well to low-volume squeezes. Ideal for breakout sniping near resistance zones.
