BANK/USDT (1H) Trade Plan


$BANK #SummerCreationCamp
Current Price: 0.17794
Trend: Recovery after a sharp sell-off from 0.21087 to 0.11900.
Price has reclaimed the short-term moving averages (MA5/MA10/MA30), indicating improving momentum.
MACD has turned bullish with a positive histogram, suggesting buyers are regaining control.
KDJ is rising, showing strengthening momentum but not yet in an extreme overbought zone.
Key Levels
Resistance
R1: 0.1820
R2: 0.1900
R3: 0.2109 (major resistance)
Support
S1: 0.1700
S2: 0.1620
S3: 0.1500
Long Strategy (Preferred)
Wait for either:
A breakout and hourly close above 0.1820, or
A pullback toward 0.1700–0.1720 with bullish confirmation.
Entry: 0.171–0.173 or above 0.182 after confirmation
Stop Loss: 0.164
Take Profit
TP1: 0.190
TP2: 0.201
TP3: 0.210–0.215
Short Strategy (Higher Risk)
Consider only if price fails to break 0.1820–0.1850 and forms a strong bearish rejection candle.
Entry: 0.182–0.184
Stop Loss: 0.188
Take Profit
TP1: 0.172
TP2: 0.165
TP3: 0.155
$150 Spot Position Plan
Allocate 50% near 0.172.
Add the remaining 50% only after a confirmed breakout above 0.182.
Risk no more than 2% of capital on the trade.
Move the stop loss to breakeven once TP1 is reached.
Outlook
The chart shows a bullish recovery, but price is approaching an important resistance zone around 0.182. A confirmed breakout could open the way toward 0.20–0.21, while rejection at resistance may trigger a pullback toward 0.17 before the next move higher. The higher-probability setup currently favors long positions, provided the support zone holds or resistance is broken with strong volume.
BANK17.06%
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