【$BANK Signal】Long + 1H Bollinger Band Squeeze followed by a dip and rebound, bulls making a comeback


$BANK Deep imbalance at 9.75%, clear buying moat visible. 1H MACD shows a death cross but price has not collapsed, the 0.0398-0.0406 zone sees dense support, short sellers' attempt failed. 4H Bollinger upper band at 0.0423 acts as resistance, but the MA20-EMA50 bullish arrangement remains intact. Funding rate at 0.0247% is relatively low, short squeeze conditions are not yet met, but spot buying momentum continues to push prices. Sell orders around 0.0412 are accumulating, a breakout would accelerate. Risk-reward ratio of 1.5, with a tight stop at 1%, makes this a worthwhile trade.

🎯Direction: Long

⚡Entry/Order: 0.0405580 - 0.0406800

🛑Stop loss: 0.0402732

🚀Target 1: 0.0412902

🚀Target 2: 0.0415953

🛡️Trade management:
- Execution strategy: After reaching Target 1, reduce position by 50%, and move stop loss to break-even. If price falls back to entry level, automatically exit to protect principal.

1H RSI at 57.7, not overbought; 4H MACD bars narrowing but still above zero, bullish structure remains intact. Open interest stable, funding rate moderate, no extreme market congestion. This pullback appears more like a shakeout of short-term holders rather than a trend reversal.

Check real-time market 👇 $BANK
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