BANK at Risk of a Major Breakdown? 📉
After experiencing heavy selling pressure, $BANK has recovered significantly and is now trading inside a rising wedge, a pattern that is widely recognized as a bearish reversal structure.
If the price confirms a breakdown below the wedge support, it could trigger a major correction. Based on the current technical structure, my downside target is $0.173, which represents a potential decline of more than 56% from the current price of $0.38.
As long as the...