$BANK I’m watching BANK after a sharp sell off into a clear support zone. Price is holding the lows and showing rejection wicks which tells me sellers are slowing down. Volume spike on the drop usually leads to a short relief bounce, so I’m looking for a controlled long, not a chase.
Trade Plan
Entry Zone
0.0364 – 0.0367
Target Points
Target 1: 0.0374
Target 2: 0.0382
Stop Loss
0.0360
Why this setup works
I’m buying near support after capitulation. The long lower wicks show demand stepping in and the range is tight, giving a clean risk to reward. If price holds this base, a mean reversion push toward the recent highs is likely. If support fails, I’m out fast and protect capital.
BANK
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