๐ป $BAND /USDT โ ๐ฉBreakdown in Progress? Bears Take the Wheel
$BAND has been rejected at the $0.678 mark, and the chart is now painting a clear picture of lower highs and weakening bullish momentum. With buy-side strength fading and sellers pressing harder, the setup favors a short-term pullback into deeper support.
๐ Market Snapshot:
Current Price: $0.654
24H Range: $0.678 (High) / $0.640 (Low)
Trend: Weak continuation with increasing sell pressure
๐ Key Levels to Watch:
Resistance: $0.670 โ $0.678
Support: $0.640 โ $0.625
๐ป Short Trade Setup (Scalp/Swing):
Entry Zone: $0.654 โ $0.660
TP1: $0.640
TP2: $0.630
TP3: $0.620
Stop Loss: $0.680
๐ง Trade Note: As long as price stays below the $0.670 resistance band, short bias remains valid. A breakdown through $0.640 could open the door for accelerated downside โ stay sharp and manage risk tight.