Here’s the $BAND USDT (Perp) trade setup 👇
📊 Market Snapshot
Last Price: 1.2485 USDT
Mark Price: 1.1608 USDT (⚠️ trading at a noticeable premium)
24h High: 1.3661
24h Low: 1.0440
24h Vol (BAND): 131.31M
24h Vol (USDT): 148.31M
Change (24h): -6.13%
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🧾 Key Levels
Resistance:
1.25 – 1.27 (immediate resistance)
1.34 – 1.36 (recent top, strong rejection zone)
Support:
1.16 (mark price support)
1.04 (24h low – key demand zone)
0.90 – 0.81 (macro supports if breakdown continues)
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📉 Volume & MA Check
Current Vol: 396.6K
MA(5): 3.22M | MA(10): 5.15M
➡️ Trading activity is very weak compared to averages.
➡️ Suggests buyers are exhausted after the push to 1.36.
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🔎 Interpretation
Price fell -6% from highs, rejecting sharply at 1.36.
Premium futures price → indicates many traders are still long, vulnerable to long squeeze.
If BAND fails to hold 1.16, price likely tests 1.04 again.
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📈 Trade Setups
🔴 Short Bias (preferred)
Entry: 1.24 – 1.25 rejection zone
TP1: 1.16
TP2: 1.04
SL: 1.28
🔵 Long Only on Breakout & Hold
Entry: Above 1.27 (confirmed with volume)
TP1: 1.34
TP2: 1.36
SL: 1.20
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⚡ Summary
Bias = Bearish after rejection at 1.36 and low trading volume.
Futures premium + weak demand = higher risk of downside to 1.16 → 1.04.
Safer play: short at resistance (1.24–1.25) unless volume spike confirms breakout above 1.27.
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