$BANK /USDT – Bearish Continuation After Failed Breakout & Distribution**

Technical Analysis (4H + 1D timeframe):

- $BANK pumped hard from ~0.025 to 0.0450 in a clean 5-wave impulsive structure (classic meme/DeFi season euphoria leg).

- Topped exactly at 0.0449–0.0450 with clear distribution candles and rejection wicks.

- Since the top, price has been making lower highs and lower lows in a textbook downtrend channel.

- Yesterday’s brief bounce to 0.0449 was a perfect retest of the breakdown level → rejected again with increasing selling volume.

- Current price 0.0433 sitting right on thin daily support. Volume is drying on the way down = bears in full control.

**Trade Setup (Short)**

**Entry range:** 0.0430 – 0.0445 (short the current level or any retest of 0.0440–0.0445)

**Target 1:** 0.0380

**Target 2:** 0.0340

**Target 3:** 0.0280 – 0.0250 (revisit of breakout base)

**Stop Loss (SL):** 0.0465 (daily close above invalidates the bearish structure)

Risk/Reward: 1:5 – 1:8 depending on runner

**Short-Term Outlook:**

Bearish. $BANK has confirmed the top and is now in distribution phase 2. Momentum is fully to the downside, volume profile shows heavy selling on every bounce, and the broader meme/DeFi rotation is cooling off. Expect acceleration lower once 0.0423 daily low breaks. No meaningful support until the 0.028–0.025 zone.

Short remains the high-probability play. Fade all relief bounces.