$BANK (Lorenzo Protocol) Update: Bulls Stepping In! 📈🚀
Lorenzo Protocol (BANK) is showing a strong recovery on the 15-minute chart as it rebounds from daily lows!
Current Price: $0.0361
Performance: Up +6.49% today, reversing recent downward pressure.
Technical View: The price is holding steady near the MA(25) ($0.0361) and MA(7) ($0.0362), following a strong bounce from the $0.0349 support level.
Ecosystem Utility: BANK serves as the native governance and utility token for Lorenzo’s institutional-grade asset management platform, primarily focusing on Bitcoin liquid staking (stBTC).
Quick Summary: 📝 BANK is currently stabilizing after a successful test of local support. With institutional interest in its BTC liquid restaking narrative growing, watch for a breakout above $0.0368 to confirm a trend continuation!
