$BAND BAND/USDT has staged an impressive rebound, climbing to Rs249.59 with a 17.33% surge in the last 24 hours. Price is now pressing against short-term resistance, consolidating around 0.880 after briefly hitting 0.940. The 7-period MA at 0.838 has crossed above the 25-period MA at 0.828, signaling short-term bullish momentum and sustained buyer interest. Still, not all of this rally looks organic — part of it seems fueled by speculative moves rather than strong conviction. Volume supports that view: 21.96M BAND traded is solid, but not groundbreaking.

On the broader horizon, caution remains. The 99-period MA lingers lower at 0.758, showing that while sentiment is improving, the longer-term trend hasn’t fully shifted bullish. The recent dip to 0.722 before recovery also highlights the coin’s lingering volatility. Optimists will point to infrastructure-like rally potential, but BAND has a habit of exaggerated swings both ways. For now, short-term traders may find opportunities in this move, while long-term investors might want to wait for a firm breakout above 0.95 before gaining confidence.