$BANK just printed 9.52x its normal 5-day volume, $95M moved on Binance in 24 hours, and it's still sitting at $0.0295 with the tape leaning long.
RSI is 39, the MACD histogram just flipped positive, and %B is down at 0.35, that's the shape of a bounce setting up, not a breakdown finishing. against BTC over the same stretch, BANK is actually up 1.4 points, so buyers are quietly outrunning the market leader even while BANK's own chart looks beat up.
the screener scores this setup 9 out of 14 and calls it a long. i'm taking that side.
right now $BANK trades at $0.0295. if it holds $0.0292, i think it grinds back up toward $0.0305, that's the room the tape's been building. if it loses $0.0284, i'm wrong on this and anyone who bought the bounce is holding a fresh loss with no floor left to point to.
holding $0.0292 or losing $0.0284?
follow me for more calls like this.
RSI is 39, the MACD histogram just flipped positive, and %B is down at 0.35, that's the shape of a bounce setting up, not a breakdown finishing. against BTC over the same stretch, BANK is actually up 1.4 points, so buyers are quietly outrunning the market leader even while BANK's own chart looks beat up.
the screener scores this setup 9 out of 14 and calls it a long. i'm taking that side.
right now $BANK trades at $0.0295. if it holds $0.0292, i think it grinds back up toward $0.0305, that's the room the tape's been building. if it loses $0.0284, i'm wrong on this and anyone who bought the bounce is holding a fresh loss with no floor left to point to.
holding $0.0292 or losing $0.0284?
follow me for more calls like this.
