$BANK is not cooked. đ„
Everyone yelling "overbought" at $0.1078 is missing the point.
Price is up 56.46% in 24h, +62.7% in the last 4h, volume is $23.87M and 9.9x the 20d average. That is not random chop, that is real money chasing @lorenzoprotocol. đ
RSI(14) on 4h is 80, sure. So what. Itâs still above the 20d and 50d MA, 84% up the 30d range, and longs are paying funding at 0.005%.
Trend is king.
Shorts are the exit liquidity. đ
#BANK
#CryptoNews
#Web3
Everyone yelling "overbought" at $0.1078 is missing the point.
Price is up 56.46% in 24h, +62.7% in the last 4h, volume is $23.87M and 9.9x the 20d average. That is not random chop, that is real money chasing @lorenzoprotocol. đ
RSI(14) on 4h is 80, sure. So what. Itâs still above the 20d and 50d MA, 84% up the 30d range, and longs are paying funding at 0.005%.
Trend is king.
Shorts are the exit liquidity. đ
#BANK
#CryptoNews
#Web3