$BANK USDT — Short Setup
🔴 Direction: Short
Entry Zone: $0.0368 – $0.0372
Stop Loss: $0.0388
Take Profit Targets:
🎯 TP1: $0.0355
🎯 TP2: $0.0340
🎯 TP3: $0.0325
BANK is showing a potential bearish continuation setup after a long liquidation event near $0.0371, indicating leveraged buyers were forced out. This can leave price vulnerable to further downside if buyers fail to reclaim the liquidation area.
The $0.0370 region should now be treated as a key resistance zone. A rejection there, especially with increasing sell volume, would strengthen the short scenario and open room toward lower support levels.
⚠️ Invalidation: A sustained move above $0.0388 would cancel the setup and signal that buyers are regaining control.
Use disciplined position sizing and wait for confirmation rather than chasing the move.$BANK
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