$BANK continues to trade under heavy selling pressure, and the recent consolidation below resistance suggests that bears may be preparing for another leg lower.
The overall trend remains bearish, and the current price action is struggling to reclaim key resistance levels. I'm looking for a SHORT opportunity here with maximum 20x leverage, as any weak bounce into resistance could provide a favorable entry for downside continuation.
Patience is important—wait for bearish confirmation before entering. If sellers maintain control, the next move could extend toward lower support levels. Manage your risk carefully and move your stop loss to breakeven once the trade starts moving in your favor.
The overall trend remains bearish, and the current price action is struggling to reclaim key resistance levels. I'm looking for a SHORT opportunity here with maximum 20x leverage, as any weak bounce into resistance could provide a favorable entry for downside continuation.
Patience is important—wait for bearish confirmation before entering. If sellers maintain control, the next move could extend toward lower support levels. Manage your risk carefully and move your stop loss to breakeven once the trade starts moving in your favor.