๐ฉธ $BANK SHORT RIDES THE RECLAIM REJECTION โ SELLERS HOLD THE LINE! ๐ฏ
Entry: 0.03515 โ 0.03550 โก
Target 1: 0.03450 ๐ฏ
Target 2: 0.03380 ๐ฏ
Target 3: 0.03310 ๐ฏ
Stop Loss: 0.03609 โ ๏ธ
BANK flipped support into resistance at 0.0360, and every bounce into 0.03550 has been met with heavy seller presence. ๐ The 15M structure remains bearish โ price is just stacking lower highs below the broken shelf. ๐ Regulatory overhang adds friction too: the SEC canceled a planned crypto rule meeting and the Senate delayed the CLARITY vote, keeping risk appetite thin.
That means todayโs short play is about respecting the failed reclaim zone. ๐ก As long as price stays under 0.03550, the path of least resistance is down toward the 0.03450 handle and beyond. The invalidation sits clean at 0.03609 โ above that, the setup is dead. ๐ฌ Are you treating this as a liquidity grab above 0.03550 and fading it, or are you waiting for a clean retest of the old support floor? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #BANK #ShortSetup #CryptoTrading #RiskManagement #Crypto
๐ฉธ ๐ฏ
Entry: 0.03515 โ 0.03550 โก
Target 1: 0.03450 ๐ฏ
Target 2: 0.03380 ๐ฏ
Target 3: 0.03310 ๐ฏ
Stop Loss: 0.03609 โ ๏ธ
BANK flipped support into resistance at 0.0360, and every bounce into 0.03550 has been met with heavy seller presence. ๐ The 15M structure remains bearish โ price is just stacking lower highs below the broken shelf. ๐ Regulatory overhang adds friction too: the SEC canceled a planned crypto rule meeting and the Senate delayed the CLARITY vote, keeping risk appetite thin.
That means todayโs short play is about respecting the failed reclaim zone. ๐ก As long as price stays under 0.03550, the path of least resistance is down toward the 0.03450 handle and beyond. The invalidation sits clean at 0.03609 โ above that, the setup is dead. ๐ฌ Are you treating this as a liquidity grab above 0.03550 and fading it, or are you waiting for a clean retest of the old support floor? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #BANK #ShortSetup #CryptoTrading #RiskManagement #Crypto
๐ฉธ ๐ฏ