$BANK /USDT — Key Short-Term Watch ⚖️
Market Snapshot:
$BANK is under pressure but holding near key support at 0.0389–0.0390 after a brief shakeout from 0.0412. The 15m chart shows a short-term bounce at MA(7) 0.0392, while broader structure remains bearish (below MA(25) 0.0396 and MA(99) 0.0401). Recent rejection near 0.0402 confirms sellers are active in the upper zone.
Volume & Order Flow:
21.63M BANK traded (~868K USDT)
Order book slightly favors buyers (53.83% bids vs 46.17% asks)
Sideways action suggests consolidation, not capitulation.
Key Levels:
Support: 0.0390 – 0.0389
Resistance: 0.0396 → 0.0400 → 0.0412
Short-Term Bias / Plan:
Bullish scenario: Clean reclaim above 0.0400–0.0402 could trigger a short-term continuation toward 0.0412.
Bearish scenario: Failure to hold 0.0389 opens room for another leg down.
Summary: Watch price reaction near 0.0389–0.0402. Sideways consolidation may precede the next decisive move.
#BANKUSDT #CryptoTrading #TechnicalAnalysis #SupportResistance
