$BANK /USDT – Long Setup (1D Timeframe)
Market Structure:
BANK is currently consolidating near a key demand zone after a strong impulsive move down. Price is holding above local support around 0.0400, suggesting selling pressure is weakening and a potential relief bounce / trend continuation move is possible if demand steps in Entry Zone
0.0400 – 0.0410
(Preferred entries near the lower end of the range for better R:R)
TP1: 0.0465
TP2: 0.0535
TP3: 0.0615
🛑 Stop Loss
0.0375
(Invalidation below demand & recent swing low)
🔑 Key Levels
Support: 0.0400 / 0.0385
Resistance: 0.0465 – 0.0480
Major Resistance / Expansion: 0.0535 – 0.0615
🧠 Trade Idea
As long as price holds above 0.0400, bullish continuation remains valid. A clean reclaim and hold above 0.0465 could accelerate momentum toward higher targets. Breakdown below 0.0385 invalidates the setup.
