🤑 Don't Miss This Million Dollar $BANK Setup. 💸
BANK already rallied 30%+ from the recent bottom and just printed a new local high around $0.0564. After checking the chart, derivatives, liquidation heatmap, spot flow and on-chain data, I think one more short-term push is still possible, but this is not a setup I'd blindly chase.
Current Entry: $0.0550-$0.0560 (small position only if you don't want to miss the move)
Recommended Entry: $0.0500-$0.0512
TP1: $0.0568
TP2: $0.0595
TP3: $0.0625
SL: $0.0488
🤔 Why?
Derivatives still support the bulls. Funding is -0.029%, meaning longs aren't overcrowded, while the Long/Short ratio dropped from around 1.9 to 1.25, showing many traders are still positioned short. Price also made a fresh high, so the short-term structure remains bullish.
However, I'm not fully confident. 1H spot netflow is -4.39M, 1D spot netflow is -27.55M, and 5-day large money flow remains -66.16M, showing spot buyers still aren't fully supporting this rally. Recent on-chain exchange inflows also increased, while most whale transfers were mainly exchange wallet movements rather than clear accumulation into private wallets.
The liquidation heatmap shows most upper short liquidity has already been cleared, while larger liquidity now sits around $0.051-$0.050 and $0.047-$0.048, so a healthy pullback before the next leg wouldn't be surprising.
👉 Short Setup (If Rejection Happens)
Entry Zone: $0.0565-$0.0580
Wait for a 15m bearish rejection candle or 2x 15m bearish closes from that resistance before entering.
TP: $0.049
👉 Long Confirmation
Wait for a pullback into $0.0500-$0.0512, then enter only after a 15m bullish reclaim or 2x 15m bullish closes. This gives much better RR than chasing the current pump.
✅ My Take
I still slightly prefer the long side, but only after a better entry. The trend remains bullish, yet spot flow and on-chain data are lagging behind derivatives, so I wouldn't be surprised to see one more short-term pump followed by a healthy pullback. Patience usually pays better than FOMO here. $VIC $SNDK
BANK already rallied 30%+ from the recent bottom and just printed a new local high around $0.0564. After checking the chart, derivatives, liquidation heatmap, spot flow and on-chain data, I think one more short-term push is still possible, but this is not a setup I'd blindly chase.
Current Entry: $0.0550-$0.0560 (small position only if you don't want to miss the move)
Recommended Entry: $0.0500-$0.0512
TP1: $0.0568
TP2: $0.0595
TP3: $0.0625
SL: $0.0488
🤔 Why?
Derivatives still support the bulls. Funding is -0.029%, meaning longs aren't overcrowded, while the Long/Short ratio dropped from around 1.9 to 1.25, showing many traders are still positioned short. Price also made a fresh high, so the short-term structure remains bullish.
However, I'm not fully confident. 1H spot netflow is -4.39M, 1D spot netflow is -27.55M, and 5-day large money flow remains -66.16M, showing spot buyers still aren't fully supporting this rally. Recent on-chain exchange inflows also increased, while most whale transfers were mainly exchange wallet movements rather than clear accumulation into private wallets.
The liquidation heatmap shows most upper short liquidity has already been cleared, while larger liquidity now sits around $0.051-$0.050 and $0.047-$0.048, so a healthy pullback before the next leg wouldn't be surprising.
👉 Short Setup (If Rejection Happens)
Entry Zone: $0.0565-$0.0580
Wait for a 15m bearish rejection candle or 2x 15m bearish closes from that resistance before entering.
TP: $0.049
👉 Long Confirmation
Wait for a pullback into $0.0500-$0.0512, then enter only after a 15m bullish reclaim or 2x 15m bullish closes. This gives much better RR than chasing the current pump.
✅ My Take
I still slightly prefer the long side, but only after a better entry. The trend remains bullish, yet spot flow and on-chain data are lagging behind derivatives, so I wouldn't be surprised to see one more short-term pump followed by a healthy pullback. Patience usually pays better than FOMO here. $VIC $SNDK