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LIT BOSS
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Lorenzo didn’t show up to impress anyone. It showed up to fix a feeling.
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Crypto interest is low again. Retail is largely absent from the market. That’s when it gets interesting.
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BINANCE IS NOW DUMPING MILLIONS IN $BTC AND $ETH TO LIQUIDATE LONGS. A SHORT WHILE AGO IT WAS PUMPING. NOW IT’S DUMPING. PURE MANIPULATIO
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$BANK Proper Technical View Current price: ~0.0361 Timeframe: Daily Context: Post-hype distribution and continuation weakness. Market Structure • Massive impulse spike to 0.0895 was pure launch hype. • Since then, price has been in steady distribution with lower highs and lower lows. • Current action is range compression at lows, not reversal. This is capital rotation out, not accumulation yet. Moving Averages • Price is below MA 7 and MA 25 → bearish short-term • MA 25 is acting as dynamic resistance • No MA 99 yet, but structure already confirms weakness Trend bias is still down. Volume Insight • Volume is shrinking, which means sellers are less aggressive, but buyers are also not stepping in with conviction. • This is indecision at lows, not strength. Key Levels (Very Important) Support • 0.0356 – 0.0350 → current floor • Below 0.0350 → opens room to 0.032 – 0.030 Resistance • 0.0385 – 0.0400 → first supply • 0.0440 – 0.0450 → major rejection zone (MA + structure) My Point of View (How I’d Treat It) • BANK is not a buy yet. • It needs time to base properly. • Any bounce now is likely a dead-cat bounce unless structure changes. Bullish only if: • Daily close above 0.040 • Then hold 0.038 as support Bearish continuation if: • Loses 0.035 with volume Trade Logic (Simple & Honest) • Speculative buy: 0.035–0.034 only for quick bounce • Confirmation buy: Above 0.040 with volume • Invalidation: Daily close below 0.0345 Bottom Line BANK is still in post-hype bleed mode. This is a watchlist coin, not a conviction hold yet. The real move comes after boredom, not during fear. If you want next, I can: • Compare BANK vs YGG strength • Map a scalp vs swing plan • Or rewrite this as a Telegram/X-ready post #lorenzoprotocol @Lorenzo Protocol #LorenzoProtocol
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