$BAND /USDT- Bullish Momentum Another Perfect call :(
Support: $0.654
Resistance: $0.795
Fibonacci Levels:
Retracement Status: Recent swing low at $0.654 to high at $0.795
Key Levels:
0.382: $0.725
0.5: $0.725
0.618: $0.725
RSI:
Value: 65.18
Interpretation: Approaching overbought territory; caution advised for potential pullbacks.
Entry Zones:
Safer: $0.725–$0.735 (near 0.5 Fibonacci, confirmed support)
Aggressive: $0.705–$0.715 (near 0.618 Fibonacci, potential bounce zone)
Take-Profit Zones:
TP1: $0.795 (recent resistance)
TP2: $0.85 (next psychological resistance)
Stop-Loss Ideas:
Conservative: $0.654 (below immediate support)
Tight: $0.68 (break below key support signals trend reversal)
$BAND is currently in a bullish trend, testing key resistance levels. Traders should monitor Fibonacci retracement zones for potential entry points and set stop-loss orders to manage risk effectively.