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#Bank /USDT Risk Alert: High-Volume Distribution Points to Deeper Correction 📉
Lorenzo Protocol ($BANK) is showing heavy selling pressure on the daily chart. Recent short-term bounces toward $0.3500 are facing immediate rejection with long upper wicks, confirming strong overhead resistance from trapped buyers.
🔍 The Technical Setup:
Order book liquidity beneath the $0.2600 floor is highly vulnerable. If the current local support fails, a rapid liquidation cascade is expected to flush out late leverage traders.
🎯 Downside Target Zone:
The safest, highest-probability entry sits lower at the $0.1900 – $0.2050 psychological demand pocket. Avoid chasing short-term green candles on lower timeframes—patience is key here.
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