$BANK is clearly showing weakness on the 1H time frame after a strong bounce at the resistance level..........

The price has failed to hold above the supply area and immediately faced rejection, indicating that sellers are actively defending this area. The sharp candle above is a continuation of the decline, suggesting that this move is more of a liquidity grab than a sustainable breakout. As long as the price remains below the resistance range, continuing to decline remains a higher probability scenario.

Trade Setup

Entry range: 0.03960 – 0.04030

Target 1: 0.03900

Target 2: 0.03850

Target 3: 0.03810

Stop Loss (SL): 0.04100