$BAND / USDT Showing Signs of Consolidation Around $0.70 on Binance š
Looking at the $BAND / USDT 4-hour chart, we're seeing the price hovering around the 0.700 USDT level. While it's down slightly by -1.41% in the last 4 hours, it's still up +1.45% for the day.
After testing the 24-hour high of 0.727 USDT, $BAND seems to have entered a consolidation phase. It's crucial to watch for a clear break above resistance or below support to determine the next direction.
Key Levels to Monitor:
* Resistance: The recent high of 0.727 USDT is the immediate resistance. Breaking above this could signal renewed bullish momentum.
* Support: The 24-hour low of 0.687 USDT is acting as support. A drop below this might lead to further downside.
What's your prediction for BAND in the short term? Do you anticipate a breakout soon, or will the consolidation continue?
Let's share your analysis and trade cautiously!
