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【$BANK Signal】Pullback to buy/Main force clearly intends to short squeeze
$BANK 1H level rebound and fall back, RSI soaring to 80.8, 4-hour Bollinger Bands fully open, price breaking out of the upper band. This fake signal looks too obvious, the hourly candle shows a long upper shadow, but the open interest remains unchanged, indicating no capital outflow. MACD bullish crossover continues to expand, bullish momentum is still building.
🎯Direction: Long
⚡Entry/Order: Accumulate in the 0.0422 - 0.0433 range
🛑Stop loss: 0.0415
🚀Target 1: 0.0504
🚀Target 2: 0.0540
🛡️Trade management:
- Execution strategy: Half position at Target 1, move stop loss on remaining position to entry price. If the price cannot quickly recover above the previous high of 0.0468, consider exiting early.
Sell orders are clearly stacked above 0.0537, but buy depth starting from 0.0534 is unusually thick, exposing the bottom support intention. After a gap in the 4-hour buy orders, the price did not panic sell-off, and stable holdings indicate the main force is holding firm. Current risk-reward ratio exceeds 4, making it worthwhile to use a small stop loss to gamble on the main force’s second attempt to squeeze out the short. Such rapid rally followed by sideways movement is often a refueling phase, not a top.
View real-time market 👇 $BANK
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