$BANK /USDT TECHNICAL ANALYSIS – BULLISH MOMENTUM BUILDING 🚀
Eye-catching market move:
$BANK /USDT is showing early bullish strength, holding above key short-term support and printing higher lows, which suggests buyers are gradually taking control and a push toward the recent resistance zone is likely.
Immediate Market Move (Explanation):
Price is consolidating near 0.049–0.050 support after a bounce from the 0.0476 low. Volume remains healthy, and as long as BANK stays above this demand zone, the probability favors a bullish continuation toward the 0.052–0.054 resistance area. A clean breakout above 0.054 could accelerate upside momentum.
Trade Setup (LONG)
Entry (Buy): 0.0495 – 0.0502
Target 1 (TP1): 0.0520
Target 2 (TP2): 0.0540
Target 3 (TP3): 0.0565 (if breakout sustains)
Stop Loss (SL): 0.0470
Risk management is key — move SL to breakeven after TP1 is hit.
Short Market Outlook
Overall structure favors bulls in the short term, but price is still below major resistance. Expect controlled upside with pullbacks. A breakdown below 0.047 would invalidate the bullish setup and turn the bias bearish.
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