$BANK /USDT – 4H Outlook
Trend:
Overall bearish
Price is below EMA 53 & EMA 200, showing weakness
EMA:
EMA(5) ≈ EMA(12) short-term consolidation
EMA(53) & EMA(200) above price → strong resistance zone
RSI (6):
Around 39
Below 50 bearish momentum, not oversold yet
Trade Idea (Conservative)
Entry:
Buy only if price holds above 0.0360 and shows bounce
Aggressive entry near 0.0365 – 0.0370
Take Profit (TP):
TP1: 0.0385
TP2: 0.0400 (EMA 53 area)
Stop Loss (SL):
0.0355 (below recent low)
Summary:
Market still weak
Safer to wait for confirmation
Trend flips bullish only if price reclaims EMA 53
@Lorenzo Protocol #lorenzoprotocol $BANK


BANKUSDT
Perp
0.03425
-4.75%
