$BANK Trade Setup (Short)
Entry Zone: 0.0405 โ 0.0410 (current price or small retest)
Take Profit 1: 0.0396 (24h low) โ 50% position
Take Profit 2: 0.0380 โ 30% position.
Take Profit 3: 0.0360 โ 0.0350 (next major demand) โ trail remainder
Stop Loss: 0.0428 (above todayโs high, tight risk)
R:R โ 1:4.5+ at final target
After failing to hold the 0.0419โ0.0420 key zone and printing a clear rejection candle,
$BANK is rolling over hard. Momentum has flipped fully bearish with red volume spikes, MACD histogram expanding south, and price trading under all major EMAs. The 24h structure is a textbook distribution pattern and we are now have confirmation of lower highs and lower lows on the 4H/1H. Next leg down is loading.
Short Market Outlook
Momentum: Strongly bearish (heavy sell volume, MACD bearish cross)
Trend: Downtrend resumption on all timeframes above 15m
Key Levels: Resistance 0.0419โ0.0428 | Support 0.0396 โ 0.0380 โ 0.0350
Break and close above 0.0430 invalidates bear case.
#bankusdt #ShortBANK #BearishContinuation $BANK @Lorenzo Protocol