1. Summary
$BAND Short-term bias leans towards bullish on confirmation, prioritize probing when the 1H closes above the resistance area or buy on reaction if the pullback holds support.
• The price is currently around the 0.80–0.94 range before the recent move.
2. Synthesis analysis
On the 1H frame, the structure just broke through the 0.80 area and made a slight retest, the resistance area near 0.94 is a level to watch, important support around 0.68. RSI is warm, volume has increased in the bounce but needs follow through for reliable breakout. Fundamentally, Band has just completed the roadmap v3, opened the developer portal, and pushed for cross-chain integration, enhancing oracle performance, which reinforces long-term demand for BAND, but tokenomics and staking/vesting still affect selling supply.
3. Strategy
Entry: Buy on a probe if the 1H closes above 0.82–0.84 and especially if it closes above 0.90–0.95 for breakout confirmation; or buy on reaction when there is a clear wick rejection at 0.70–0.72 accompanied by increased volume.
Stop-loss: SL = 0.67 clearly placed below the support area to avoid false wick.
TP1: 0.95 the first supply/resistance area.
TP2: 1.20 expansion target if momentum continues and volume is strong.
Exit triggers: exit early if there is a large amount moving into CEX, negative news related to code/partnerships, or a whale selling spike; also exit if the price does not hold above support 0.68 during retest.
