📉 $BANK (Lorenzo Protocol) breakdown confirmed! More downside expected! 🛑👇
The 1H chart shows that BANK has lost its crucial MA(7) support level after failing to break local resistance. With the 1H RSI(6) dropping to 45.62 and MACD turning bearish, selling pressure is taking over. Expecting a deeper correction toward lower support zones!
#BinanceSquare
The 1H chart shows that BANK has lost its crucial MA(7) support level after failing to break local resistance. With the 1H RSI(6) dropping to 45.62 and MACD turning bearish, selling pressure is taking over. Expecting a deeper correction toward lower support zones!
#BinanceSquare