$BAND /USDT Analysis:
Band Protocol (#BAND ) has broken out of a descending triangle pattern on the weekly timeframe, signaling the potential for a significant bullish move. The breakout suggests that the price could continue its upward trajectory, with potential targets at $2.80, $5.50, and $10.50 in the coming months.
If the price maintains momentum and stays above the breakout point, these levels could act as key resistance zones. Traders should monitor volume and possible retests of support to confirm the strength of the breakout. A sustained move above the breakout point would strengthen the bullish case for Band Protocol.
