BAND$BAND /USDT Technical Analysis 📊
Strong Reversal Momentum
$BAND surged +35% in the past 24h, recovering from lows of 0.814 and peaking at 1.342. The price is consolidating around 1.10 after a heavy pump, suggesting possible continuation if buyers defend support. Trading volume remains healthy at 32.86M BAND, showing strong market participation.
Key Technical Levels
Support Zone: 1.04 – 1.05
Immediate Resistance: 1.19 – 1.20
Breakout Target: A sustained close above 1.20 could trigger momentum toward 1.34 again, with potential extension to 1.50 in a bullish scenario.
Downside Risk: A breakdown below 1.04 may drag price back to 0.95 – 0.90.
Trade Setup (Study Purposes, Not Financial Advice)
Entry Zone: 1.05 – 1.10
Stop Loss (SL): 0.99
Take Profit (TP):
TP1 → 1.20
TP2 → 1.34
TP3 → 1.50
Risk Note: After rapid gains, volatility is elevated. Use strict SL and scale out profits gradually.
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