$BANK

BANK/USDT – SPOT SETUP (4H)

Current Price: 0.0368

Entry Zone

0.0360 – 0.0370

Price sitting near demand + recent low (0.0360)

Take Profit Targets

TP1: 0.0385 (EMA12 area)

TP2: 0.0405 (EMA53 / minor resistance)

TP3: 0.0450 – 0.0455 (EMA200 – major resistance)

Stop Loss

SL: 0.0348

Below demand zone & structure low

EMA Analysis

EMA(5): 0.0371

EMA(12): 0.0378

EMA(53): 0.0403

EMA(200): 0.0453

Price below all EMAs → bearish trend

EMA5 & EMA12 close together → short-term base forming

RSI Analysis

RSI(6): ~31

Near oversold

Indicates possible relief bounce

Trendline

Strong descending trendline

Trade is counter-trend

Confirmation only above 0.040 – 0.041 with volume

Bias & Trade Type

Trend: Bearish

Setup: Oversold bounce (SPOT)

Holding: Short-term unless trend breaks

DYOR, It's not financial advice.

@Lorenzo Protocol #lorenzoprotocol $BANK #LorenzoProtocol