Guys…..$BANK SPIKE REJECTED, MARKET IN DISTRIBUTION MODE..
$BANK printed a sharp upside spike that was immediately rejected, a classic sign of aggressive selling at higher levels. Since then, price has failed to reclaim the highs and is now ranging below the rejection zone, showing loss of momentum. The strong reaction from the top suggests that smart money used the pump to exit, while current price action reflects consolidation before the next move. As long as BANK remains below the spike high, upside looks limited.
Trade Bias: Bearish / Range Breakdown
Entry Zone: 0.0525 – 0.0535
TP1: 0.0515
TP2: 0.0505
TP3: 0.0495
Invalidation: Clean breakout and hold above 0.0560
Right now, this chart favors patience. Either wait for a breakdown from the range or a clear reclaim before committing.
#GrayscaleBNBETFFiling #ClawdbotTakesSiliconValley #Mag7Earnings
