*$BAND /USDT - BULLISH BREAKOUT ALERT! LONG ENTRY*
Technical Analysis:
*Chart Pattern*: $BAND /USDT shows a clear bullish breakout on the chart with a sharp upward movement after a consolidation phase.
*Indicators*: Volume spike supports the bullish move with 24h Vol(BAND) at 9.50M and 24h Vol(USDT) at 3.97M.
*Support & Resistance*: Breakout above 0.411 resistance level with current trend pointing towards higher levels.
*Trade Setup:*
*Entry*: LONG ENTRY above 0.424
*Targets (TP):*
TP1: 0.450
TP2: 0.466
*Stop Loss (SL)*: Below 0.382
*Risk Management:*
Manage risk with proper position sizing and set SL to limit losses.
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BANDUSDT
Perp
0.4149
-3.89%