$BANK
ban/usdt Bearish Continuation After Sharp Rejection
Technical Analysis:
$BANK usdt has broken down sharply from 0.0895 highs, forming a strong bearish impulse on the 4H/1D timeframe. Price rejected the 0.0850–0.0895 supply zone and crashed through key demand at 0.0620, now trading near 0.0517 with heavy volume (254M BANK). The vertical drop with minimal retracement signals strong selling pressure. RSI oversold but momentum remains bearish — no reversal structure yet.
Trade Setup:
Entry range: 0.0510 – 0.0530
Target 1: 0.0450
Target 2: 0.0380
Target 3: 0.0300
Stop loss (SL): 0.0580
Short Outlook:
Bearish dominance continues. Expect lower lows unless 0.0580 flips to support. High-risk DeFi token — volatility favors shorts on retests.
#BANkusdt #BearishAlert #CryptoTalks
