$BANK /USDC BULLISH TECHNICAL OUTLOOK
Market Structure:
BANK is maintaining a higher-low structure after a strong rebound from the demand zone. Price has successfully held above key support, indicating buyer dominance. The consolidation near resistance suggests strength rather than weakness, often preceding a continuation move.
Indicator Insight:
Parabolic SAR remains positioned below price, confirming bullish momentum. Moving averages are stacked positively, and volume stability supports the case for an upside expansion toward the next resistance band.
Trade Setup (LONG):
Entry Zone: 0.0510 – 0.0520
Targets:
• TP1: 0.0538
• TP2: 0.0563
• TP3: 0.0589
Stop Loss: 0.0461 (below key support and invalidation level)
Risk Management:
Limit risk to 1–2% per trade, avoid chasing breakouts without confirmation, and secure partial profits at TP1 while trailing stop loss.
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