$BANK Strong Move – Watching Overbought Levels 📈
Lorenzo Protocol ($BANK) is trading around $0.28 after a sharp recent rally.
Technical Snapshot:
• Support: $0.24–$0.26
• Resistance: $0.30–$0.32
• Momentum: Strongly bullish short-term, but RSI has been deeply overbought (previously above 85). Price is extended after a high-volume surge.
The Setup:
$BANK delivered a powerful breakout move with solid volume. However, after such a rapid rise, a short-term pullback or consolidation is likely before the next leg higher. Holding above $0.24–$0.26 keeps the bullish structure intact. A clean break a