Guys, I'm bearish on $BANK as price is showing weakness after failing to hold above the recent resistance zone. Selling pressure is increasing, and a deeper correction looks likely if bears remain in control.
Trade Plan:
Entry: 0.1050 – 0.1065
SL: 0.1205
TP1: 0.0980
TP2: 0.0890
TP3: 0.0785
Why this setup?
• Strong rejection from the recent resistance zone.
• Lower highs are beginning to form on the 15M chart.
• Bearish momentum is building as buying pressure fades.
Debate:
Will $BANK extend the correction toward 0.0785, or will buyers reclaim 0.1205 and invalidate the bearish setup?
Click here to Trade 👇
Trade Plan:
Entry: 0.1050 – 0.1065
SL: 0.1205
TP1: 0.0980
TP2: 0.0890
TP3: 0.0785
Why this setup?
• Strong rejection from the recent resistance zone.
• Lower highs are beginning to form on the 15M chart.
• Bearish momentum is building as buying pressure fades.
Debate:
Will $BANK extend the correction toward 0.0785, or will buyers reclaim 0.1205 and invalidate the bearish setup?
Click here to Trade 👇