$BANK / USDT — Potential Short Setup
I'm watching $BANK near a short-term resistance zone. If buyers fail to maintain the recent momentum, the price could potentially move back toward nearby support levels.
Levels I'm monitoring:
📍 Entry zone: 0.175 – 0.178
🛑 Invalidation: 0.190
🎯 TP1: 0.170
🎯 TP2: 0.163
🎯 TP3: 0.156
What I'm watching:
A break below 0.170 with strong selling volume could increase the probability of a move toward 0.163 and potentially 0.156.
On the other hand, if price breaks above 0.183 and holds there, the bearish setup would be invalidated and buyers could regain control.
For me, the key is confirmation. I'd rather wait for price action and volume to support the move instead of entering based on the levels alone.
What's your view?
📉 Bearish continuation?
📈 Or could $BANK reclaim resistance and invalidate the short setup?
I'm watching $BANK near a short-term resistance zone. If buyers fail to maintain the recent momentum, the price could potentially move back toward nearby support levels.
Levels I'm monitoring:
📍 Entry zone: 0.175 – 0.178
🛑 Invalidation: 0.190
🎯 TP1: 0.170
🎯 TP2: 0.163
🎯 TP3: 0.156
What I'm watching:
A break below 0.170 with strong selling volume could increase the probability of a move toward 0.163 and potentially 0.156.
On the other hand, if price breaks above 0.183 and holds there, the bearish setup would be invalidated and buyers could regain control.
For me, the key is confirmation. I'd rather wait for price action and volume to support the move instead of entering based on the levels alone.
What's your view?
📉 Bearish continuation?
📈 Or could $BANK reclaim resistance and invalidate the short setup?