$BAND /USDT – BEARS TESTING MOMENTUM AFTER STRONG RALLY ⚠️
BAND surged to a high of 0.806 but faced rejection at the resistance zone near 0.78 – 0.80, leading to a pullback toward 0.75. Current price action shows weakness as sellers attempt to push lower. If the 0.76 zone fails to hold, a deeper correction toward 0.70 is likely before any bullish recovery attempt.
Trade Setup:
Entry (Short): 0.760 – 0.765
Take Profit 1: 0.730
Take Profit 2: 0.700
Stop Loss: 0.786
Market Outlook:
Bulls need a strong reclaim above 0.78 to regain control, otherwise short-term downside pressure dominates. Sustained trading under 0.75 could accelerate the correction toward the 0.70 support zone.
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