$BAND

/USDT Technical Analysis

Current Price: $2.24 (up by +11.82% in the last 24 hours)

24h High: $2.26 | 24h Low: $1.87

Key Levels:

Support: $1.87

Resistance: $2.26

Technical Indicators

Momentum: Positive momentum with a 11.82% increase, indicating a potential bullish trend.

RSI (Relative Strength Index): Could be approaching overbought territory (above 70), suggesting a potential pullback.

MACD: The MACD is likely showing a bullish crossover, confirming upward momentum.

Trade Signal

Trend: Bullish, with potential for continued gains as long as price holds above $2.00.

Trade Type: Buy on pullbacks towards $2.00-$2.10, aiming for higher targets.

Target Levels 🎯

1. Target 1: $2.40 (Immediate resistance)

2. Target 2: $2.50 (Next resistance zone)

3. Target 3: $2.60 (Potential extension if momentum persists)

Trade Momentum:

Bullish Momentum: If price maintains above $2.20 and RSI stays under 70, expect continued upward movement.

Warning: If price falls below $2.00, consider a more cautious approach as it may signal a reversal or consolidation phase.

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