$BANK has recently shown a stair-step recovery trend. The current price is hovering around 0.0459, firmly above the short-term, 25-day, and 99-day moving averages—this pattern usually indicates the bulls aren’t done yet.

The key level to watch is the 0.048-0.049 resistance zone. Once it breaks out with volume, in theory, it could open up space to 0.052-0.055 (traces left from the previous rally). On the downside, 0.044 is the first line of defense (the confluence of the 25/99 moving averages); if that breaks, it’s down to whether the previous low at 0.040 can hold.

In terms of trading volume, there are indeed signs of buying interest during the rallies. Although the momentum has cooled off somewhat, the overall volume structure still leans toward the buyers. As long as the price doesn’t lose support at the moving averages, the short-term trend remains healthy.