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Technical Analysis – BAND/USDT
Current Price: $1.154 (+13.58%)
24H Range: $1.016 - $1.184
Trend: Uptrend with recent pullback after hitting resistance at $1.184
Moving Averages:
MA(7): $1.147 (supportive)
MA(25): $1.160 (near price, possible resistance)
MA(99): $1.094 (stronger support)
Volume: Increased during the breakout but currently cooling down
Momentum: Slight retracement after a strong upward move
Key Levels:
Resistance: $1.184
Support: $1.094 - $1.016
Conclusion: The trend remains bullish but shows signs of consolidation. A breakout above $1.184 could push prices higher, while a drop below $1.094 may signal weakness.