SPOT SIGNAL $BANK /USDC
Timeframe: 4H
Current Price (from chart): ~0.0384
Entry (Spot)
Entry Zone: 0.0380 – 0.0386
Better (safer) entry on pullback: 0.0378 (near EMA(5))
Deep pullback buy: 0.0372 (near EMA(12))
Take Profits (TPs)
TP1: 0.0399 (recent 24H high / first resistance)
TP2: 0.0405 (next resistance level on chart)
TP3: 0.0429
TP4: 0.0433 (EMA(200) major resistance)
(Scale out: take partial profits at each TP.)
Stop Loss
Stoploss is 0.0364 – 0.0366
(Below the local support / 24H low area — invalidates the push if broken.)
Indicators
EMAs
EMA(5): 0.0378
EMA(12): 0.0372
EMA(53): 0.0379
EMA(200): 0.0433
EMA read: Price is above the short EMAs → bullish momentum, but EMA(200) overhead = big resistance target area.
RSI
RSI(6): ~77.05 Strong momentum
Also overbought, so a small pullback/retest is normal — don’t chase green candles.
Trendline
Trendline is bullish (ascending) from the 0.0336 bottom higher lows into current price.
Bias stays bullish while price holds above trendline + ~0.0366 support.
Quick Plan
Prefer buying retests (0.0378 / 0.0372) rather than chasing.
If 0.0366 breaks and closes below, momentum likely flips respect SL.
@Lorenzo Protocol #lorenzoprotocol $BANK
{future}(BANKUSDT)