I’m watching $BANK as it holds strong after a clean bounce from the lower range. Price respected support near 0.0374 and buyers stepped in with higher lows on the 15m chart. Volume picked up on green candles which tells me demand is active. This looks like a continuation setup rather than exhaustion.
Trade Setup
Entry Zone
0.0376 to 0.0378
Target Points
Target 1: 0.0385
Target 2: 0.0392
Stop Loss
0.0371
Why this works
I’m entering close to support after a higher low which gives a tight stop. The structure shows buyers defending dips and price is pushing back toward the recent high. Risk is small and reward is clearly defined which makes the trade favorable.
BANK
0.039
+1.56%