$BANK
BQNK Analysis: Bullish Recovery in a De-Escalating Market.
The Macro Catalyst
The removal of the 10% tariff threat has significantly lowered the "fear index" (VIX), allowing liquidity to flow back into high-growth sectors. For $BANK, this macro tailwind aligns perfectly with a bottoming structure on the charts, suggesting that the recent sell-off has likely found its floor.
Technical Trade Parameters
The recovery play for BANK is defined by clear horizontal levels and liquidity targets:
Entry Zone (0.048 – 0.051): This range represents the primary accumulation block where buyers have historically stepped in. Entering here captures the meat of the reversal.
The Invalidation (0.046): A Stop Loss at 0.046 is critical. A break below this level would suggest the recovery was a "dead cat bounce" and that the market is re-testing lower liquidity pools.
The Confirmation (Bullish Above 0.053): Once BANK clears the 0.053 mark, it confirms a change in market character (CHoCH) from bearish to bullish on lower timeframes.
Profit Targets
As the #ETHMarketWatch sentiment turns "Greed," we are looking at three primary expansion targets:
Target 1: 0.056 (Initial resistance/supply zone)
Target 2: 0.060 (Key psychological level)
Target 3: 0.065 (Major range high/extension target)