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- MC:$3.57KHolders:10.00%
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$BANK is currently consolidating around 0.0380, with the price performance between the 7-hour line ( at approximately 0.0384) and the 25-hour line ( at approximately 0.0379), while also being higher than the 99-hour line ( at approximately 0.0363). Overall, the technical outlook presents a cautiously optimistic mixed situation.
If it can cleanly break through the range of 0.039-0.041 ( referencing the recent high point of 0.0408), it may explore the space of 0.043-0.045 afterwards. Looking down, 0.037-0.036 is the recent support, and a stronger support line is at the swing bottom near 0.0335.
The trading volume has significantly increased during the previous uptrend, but it has now shrunk. To continue seeing bullish movement, new buying pressure is needed to stabilize above the short-term moving averages and break through the recent highs.