$BANK
/USDT Technical Update (Binance)
BANK is showing strong bullish momentum after a sharp impulse move and currently trading around 0.0425. The pair recently printed a local high near 0.0439, followed by a healthy consolidation above key moving averages.
📊 Key Technical Points
Trend remains bullish on the 1H timeframe with price holding above MA7 & MA25
Short-term support sits at 0.040–0.041
Major support zone at 0.038–0.039
Immediate resistance at 0.0439, breakout could open 0.046+
📈 Market Structure
Strong volume expansion during the breakout indicates buyer dominance
Current sideways movement looks like bullish consolidation / continuation pattern
As long as price holds above 0.040, structure favors higher highs
🎯 Trade Idea (Short-Term)
Bullish continuation above 0.044 → targets 0.046 – 0.048
Breakdown below 0.040 → possible retest of 0.038 zone