$BAND /USDT Strong Upward Channel, Trend Remains Bullish 💯 🔥
$BAND is currently trading at $0.776, posting a +6.16% gain in the last 24 hours. The price action is following a well-defined upward channel on the 30-minute chart, indicating steady buyer strength. With a 24h low of $0.726 and high of $0.778, BAND is approaching short-term resistance with strong momentum.
Trade Setup (Bullish Bias):
• Entry Zone: $0.770 – $0.776
• Stop Loss: Below $0.760 (to manage risk near channel support)
• Take Profit 1: $0.785
• Take Profit 2: $0.790
• Final Target: $0.800
Technical Insight:
The price is respecting the ascending trendline within the channel. As long as it holds above support, the uptrend is likely to continue. A breakout above $0.778 could lead to a push toward $0.800 psychological resistance.
Volume remains healthy with 850K BAND traded in the last 24h, supporting further upward movement. Traders should watch for a breakout with volume confirmation before entering aggressively.
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