$BANK Lorenzo Protocol is gaining traction, up 12.26% today as the community rallies around its institutional DeFi narrative.
Here is the breakdown:
🟢 The Bull Case
Narrative: Focus on On-Chain Traded Funds (OTFs) and bridging TradFi to DeFi is resonating.
Technicals: Bullish momentum confirmed by EMA crossovers and MACD.
Utility: Growing role in cross-chain NFT infrastructure and DAO governance.
🔴 The Risks
Futures Divergence: While spot is up, BANK
Futures dropped 4.06% in the last hour—selling pressure is kicking in.
Overbought: RSI is at 81.67, suggesting a correction is likely.
Supply: Watch out for future token unlocks that could dilute the rally.
