$BANK is holding a major support zone around $0.038-$0.048.
BANK
is holding a major support zone around $0.038-$0.048.
After a heavy dump, price is now stabilizing in this area. As long as $0.038-$0.048 holds, the chances of a bounce remain strong.
The next major resistance sits around $0.10-$0.14. If price reclaims that zone, momentum could shift quickly in favor of the bulls.
For now, I'm focused on the support. If buyers continue defending this level, I wouldn't be surprised to see a strong recovery from here.
However, if $0.038 is lost, this bullish setup starts to weaken.