$BANK Price Action Update – Clear Structure, Smart Trade Zones Ahead
$BANK is trading near 0.0375 after a strong impulse move, followed by a healthy pullback, which is a normal market behavior after a fast rise. The sharp push toward 0.0388 shows strong buyer interest, while the current consolidation suggests the market is cooling, not reversing. This kind of structure often prepares the next move.
The main support zone is holding around 0.0368 to 0.0370, which acted as a base before the strong breakout. As long as price stays above this area, buyers remain in control. Immediate resistance sits near 0.0385 to 0.0388, where sellers previously stepped in and rejected price.
Long-term entry strategy is safer on pullbacks near 0.0370 to 0.0373 with a stop-loss below 0.0365, targeting a move back toward the recent high zone if momentum returns.
Short-term entry strategy favors quick longs above 0.0375 on strong candles, with a tight stop-loss below 0.0370, aiming for small continuation moves.
If price fails to hold above support and closes below 0.0365, then long setups should be avoided and patience is required. Overall structure remains constructive, and disciplined traders can extract clean profits by respecting levels and managing risk properly.
