$BANK short watch: 0.02727–0.02735 is the zone sellers must defend on the 4H 👀
I'm watching for a reaction here. Sellers need to step in, or I’ll wait for a better setup.
The read:
- 4H price at 0.0273 is below EMA50 at 0.0296, favoring sellers.
- Daily trend is down, maintaining pressure against buyers.
- 1H RSI at 28 shows it's oversold, no need to chase lower.
🔴 SHORT · Entry 0.02727–0.02735 · TP 0.02702 / 0.02683 / 0.02654 · SL 0.02778
NFA · DYOR
I'm watching for a reaction here. Sellers need to step in, or I’ll wait for a better setup.
The read:
- 4H price at 0.0273 is below EMA50 at 0.0296, favoring sellers.
- Daily trend is down, maintaining pressure against buyers.
- 1H RSI at 28 shows it's oversold, no need to chase lower.
🔴 SHORT · Entry 0.02727–0.02735 · TP 0.02702 / 0.02683 / 0.02654 · SL 0.02778
NFA · DYOR