$BANK /USDT – 4H Technical Analysis

Market Structure:

BANK is currently in a clear short-term downtrend on the 4H timeframe. Price has been printing lower highs and lower lows, confirming bearish market structure after rejection from the 0.047–0.048 supply zone.

Key Resistance Zones:

0.0418 – 0.0435: Immediate resistance / previous breakdown area

0.0460 – 0.0480: Major supply zone & trend invalidation area

Key Support Zones:

0.0390 – 0.0385: Current support (being tested now)

0.0370 – 0.0360: Next downside liquidity zone

0.0345: Strong HTF demand if selling accelerates

Price Action Insight:

Price is compressing near support with weak bullish follow-through, indicating sellers are still in control. The recent wicks below 0.039 suggest liquidity grabs, but no strong reversal structure yet. A clean 4H close below 0.0385 would likely trigger further downside.

Trade Scenarios:

Bearish Continuation (Preferred):

Entry: 0.0410 – 0.0430 (pullback into resistance)

Targets:

TP1: 0.0385

TP2: 0.0370

TP3: 0.0345

Stop Loss: Above 0.0460

Bullish Reversal (Low Probability):

Only valid if price reclaims and holds above 0.0435 on 4H

Would target 0.046 → 0.048, but this requires strong volume confirmation

Conclusion:

BANK/USDT remains bearish below 0.0435. Until a higher high is formed, rallies are likely to be sell-the-rip opportunities rather than trend reversals. Patience is key—wait for price to come into your levels.