I’m watching $BANK on the 15m chart. Price is moving sideways after a small push up, holding a tight range. This looks like accumulation near support, not weakness. Sellers failed to break lower and buyers are stepping in with higher wicks.
Trade Plan
Entry Zone: 0.0372 – 0.0375
Targets:
• Target 1: 0.0382
• Target 2: 0.0390
Stop Loss: 0.0366
Why this works
I’m taking this because price is respecting support and forming higher lows on lower timeframes. Wicks below show rejection, meaning demand is active. If volume expands, price should move back to the range high and push for the next resistance. Risk is defined and reward is clean.
BANK
0.0376
+1.62%
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