$BANK — ngl, the cleanest read is that it has not invalidated the short case as the price action is printing a sequence of lower highs, suggesting momentum is winding down inside its trading range. The current bearish bias on the hourly chart is supported by recent candles showing clear supply rejection at higher levels. A sustained close below the immediate short-term support would make this short thesis stronger.

Levels — BANKUSDT
Zone: 0.03992 - 0.04012
Cut: 0.04051
Scale: 0.03953 | 0.03913 | 0.03864

#BANK #MarketAnalysis