​BANK/USDC Market Update & Technical Analysis 📊

​The BANK/USDC pair is currently trading at the $0.0298 price level. Based on the chart analysis, here are the key takeaways:

​Market Trend: The price is currently in a downward movement. The MA60 (Moving Average) is positioned above the current price, indicating a bearish sentiment in the short term.

​MACD Indicator: The MACD histogram has entered the red zone, and the signal line is pointing downward. This suggests a potential increase in selling pressure.

​Volume (Vol): Trading volume remains relatively weak, indicating a lack of significant buyer activity at the moment. However, a sudden spike in volume could quickly change the scenario.

​Caution: If the price fails to hold the $0.0290 support level, further correction may occur. It would be wise to wait for a clear confirmation before entering any long positions.

​Disclaimer: Always Do Your Own Research (DYOR) before trading. The crypto market is highly volatile and risky.