$BANK reclaims $0.34 today or this move is just squeeze noise. 🚨
Price is already $0.3219 and it’s up 18.17% on the day, with the 4h ripping another 12.5%. That’s not dead cat stuff. It’s also sitting 94% up its 30d range and just 5% off the high, with price still above the 20d and 50d MAs. Bull stack.
But RSI(14) on 4h is 69 and longs are paying funding. 🔥
So yeah, this can keep running, but it needs to prove it above $0.34 fast or I’m calling the top of this leg.
$45.15M volume is decent, not insane. If it clears $0.34 clean, $0.38 is next. If not, fade city. 📉
#BANK
#Altcoin
Price is already $0.3219 and it’s up 18.17% on the day, with the 4h ripping another 12.5%. That’s not dead cat stuff. It’s also sitting 94% up its 30d range and just 5% off the high, with price still above the 20d and 50d MAs. Bull stack.
But RSI(14) on 4h is 69 and longs are paying funding. 🔥
So yeah, this can keep running, but it needs to prove it above $0.34 fast or I’m calling the top of this leg.
$45.15M volume is decent, not insane. If it clears $0.34 clean, $0.38 is next. If not, fade city. 📉
#BANK
#Altcoin