Current Price;Price: $0.763 (+15.43% in 24h)

24h High/Low: $0.806 / $0.660

$BAND

has shown a strong bullish breakout, followed by a pullback and now attempting a rebound.

šŸ“ŠTechnical Indicators

1. Bollinger Bands (20, 2):

Upper Band (UP): 0.812

Middle Band (MB): 0.744

Lower Band (DN): 0.676

Price is trading slightly above the middle band → mild bullish bias. Expansion of bands earlier shows volatility surge, but now starting to stabilize.

2. Moving Averages (MA):

MA(5): ~0.575

MA(10): ~0.325

Short MAs are well below current price, confirming a strong uptrend structure.

Price is also above the 50 EMA support zone (not visible here, but implied from candle structure).

3. RSI (6): 56.9

RSI has cooled down from the overbought zone (>70) after the pullback.

Currently neutral, suggesting room for further upside if momentum resumes.

4. Volume:

A spike in buying volume fueled the breakout to $0.806.

Pullback volume was lower than breakout volume, a bullish sign (buyers still in control).

Key Support & Resistance Levels

Immediate Resistance: $0.775 → $0.806 (recent high)

Major Resistance: $0.815 (upper Bollinger band)

Immediate Support: $0.744 (middle Bollinger band)

Strong Support: $0.735 → $0.720 zone

Critical Support: $0.676 (lower Bollinger band)

Pattern & Market Structure

The move resembles a bullish breakout with retracement.

After forming a strong rally, price corrected but didn’t break below middle Bollinger band, showing buyers defending.

Structure is forming a potential bullish flag / consolidation before the next leg up.

Bullish Scenario:

If price holds above $0.744 and volume picks up, BAND could retest $0.775 → $0.806. A breakout above $0.806 could open the waytoward $0.850+ in the short term.

Bearish Scenario:

If price loses $0.735 support with strong sell volume, BAND may retest $0.676. Losing that could trigger a deeper correction toward $0.62–0.64.

āœ… BAND is in a short-term uptrend, currently consolidating after a strong rally.

As long as $0.735–0.744 holds, bias remains bullish with potential upside retest of $0.806 and higher

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