$BANK $BANK continued its strong recovery after attracting aggressive buying pressure, pushing price close to the psychological $0.40 resistance. The steady series of higher highs and higher lows suggests bulls remain in control, although the latest move is approaching an area where short-term profit-taking could increase.

Support: $0.375 – $0.382

Resistance: $0.400 – $0.420

Next Target: $0.500

A clean breakout and sustained hold above $0.40 with strong volume could accelerate momentum toward the $0.50 psychological level. However, rejection at resistance may trigger a healthy pullback before the next leg higher. Traders should watch for confirmation above resistance rather than chasing extended candles.

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