$BAND is showing moderate bullish momentum.
After bouncing off long-term support near $5.10. The price is currently testing resistance around $5.60. A breakout above this level could confirm the next bullish leg, while a failure may lead to a short-term consolidation.
Support / Resistance:
Support Zones: $5.10 / $5.00 / $4.85
Resistance Zones: $5.60 / $5.80 / $6.00
Entry Zones:
Safer Entry: $5.10–$5.20, near key support levels
Aggressive Entry: $5.60–$5.65 on a breakout above resistance with confirmation
Take-Profit Zones:
TP1: $5.80–$5.90
TP2: $6.00–$6.15
Stop-Loss:
Conservative Stop-Loss: $5.05 (just below support)
Tight Stop-Loss: $5.00 (below recent swing low)
