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$BANK /USDT â Consolidation Before Potential Bullish Break â
The 15-minute chart for BANK/USDT is showing a tight consolidation range after a volatile move earlier. Price is stabilizing around 0.0443, suggesting that sellers are losing momentum while buyers are quietly accumulating. This type of sideways structure often precedes a bullish breakout attempt. đâĄ
đ Technical Snapshot:
Price is holding above 0.0440, forming a short-term support zone.
Multiple wicks below the range indicate rejection of lower prices â a bullish sign.
A clean break above 0.0450 could trigger upward momentum toward 0.0460â0.0470 resistance areas.
Failure to hold above 0.0440 may lead to a retest of 0.0434.
đ„ Market Outlook:
The chart suggests a bullish breakout setup forming, with tightening price action hinting at an imminent expansion in volatility. Keep an eye on volume spikes. đâš
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