$BAND

BAND
BAND
0.428
-4.46%

Quick Technical Analysis (BAND/USDT – 4H chart)

Price: $0.469 (+20.8% in 24h) – strong pump, now pulling back from 24h high $0.515

Key levels:

Resistance: $0.515 (recent high)

Support: $0.458 (Bollinger mid-band), then $0.436–0.407 (previous range top/MA cluster)

Indicators:

Bollinger Bands: Price rejected from upper band ($0.515), now testing mid-band ($0.475). Mid-band acting as dynamic support.

RSI (14): ~65 on 4H – cooling off but still bullish, not overbought yet.

Volume: Spike on the way up, now drying on the pullback → typical healthy retracement so far.

MA(50) at ~$0.436 rising sharply, acting as strong underlying support.

Current situation

Classic post-pump retracement to Bollinger mid-band + 0.618 Fib area of the move ($0.39 → $0.515). Volume is low on the red candles = weak selling pressure.

Short-term trade idea (scalpy/aggressive)

Long / Buy the dip

Entry: $0.462 – $0.469 (current zone, right on mid-band)

Stop-loss: $0.452 (below mid-band + recent swing low)

Take-profit targets:

TP1: $0.493 (+5–6%) – previous local high

TP2: $0.515 (+11–12%) – retest 24h high

Stretch: $0.55+ if breaks $0.515 cleanly

Risk/Reward: ~1 : 2.2 to TP2

Invalid if 4H closes below $0.458 with volume → then flip bearish.

Bias: Bullish continuation as long as $0.458 holds.

The dip looks like profit-taking, not reversal yet. Low-risk long here with tight stop.

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