$BANK is getting smoked again. ⚠️
Price is $0.0473 after a -14.93% day, and the 4h dump is even uglier at -15.2%. I’ve seen this movie. It usually ends with people buying the first green candle and getting clipped.
That said... RSI(14) on 4h is 27, so it’s oversold, and shorts are paying -0.032% funding. That's the setup bulls want. But volume is only $13.14M, just 0.1x its 20d average, MAs are mixed, and this thing is sitting 92% off the 30d high. Brutal.
@lorenzoprotocol can bounce hard from here, sure. But low volume chop plus a broken trend will wreck you if you size like a hero. 📉
What's your target here?
#BANK
#Crypto
Price is $0.0473 after a -14.93% day, and the 4h dump is even uglier at -15.2%. I’ve seen this movie. It usually ends with people buying the first green candle and getting clipped.
That said... RSI(14) on 4h is 27, so it’s oversold, and shorts are paying -0.032% funding. That's the setup bulls want. But volume is only $13.14M, just 0.1x its 20d average, MAs are mixed, and this thing is sitting 92% off the 30d high. Brutal.
@lorenzoprotocol can bounce hard from here, sure. But low volume chop plus a broken trend will wreck you if you size like a hero. 📉
What's your target here?
#BANK
#Crypto