Market Watchers, $BANK is rejecting the $0.0405–$0.0410 resistance zone after a sharp reversal on the 1H chart.
$BANK — SHORT
Entry Zone: $0.0384–$0.0391
TP1: $0.0370
TP2: $0.0355
TP3: $0.0341
Stop Loss: $0.0411
Why? Price failed to hold the upper resistance and is forming lower highs. A break below $0.0380 can accelerate the move toward the $0.0341 support.
Bias: Bearish
$BANK — SHORT
Entry Zone: $0.0384–$0.0391
TP1: $0.0370
TP2: $0.0355
TP3: $0.0341
Stop Loss: $0.0411
Why? Price failed to hold the upper resistance and is forming lower highs. A break below $0.0380 can accelerate the move toward the $0.0341 support.
Bias: Bearish