$BAND
đ BAND/USDT Technical Analysis & Targets đŻ | Binance Update
Current Price: $2.169
24H High: $2.218 | 24H Low: $1.727
24H Volume: 10.95M USDT
Technical Indicators
1. SAR (Parabolic Stop and Reverse): 2.285
Indicates a short-term bearish trend reversal may be forming.
2. Bollinger Bands:
BAND price is testing the upper band, suggesting a breakout might occur if volume sustains.
3. MACD:
MACD shows bullish momentum with a possible crossover above the signal line.
Key Levels & Targets đŻ
1. Target 1: $2.38
Strong resistance zone; breaking above this confirms bullish continuation.
2. Target 2: $2.75
Mid-term resistance. Achieving this signals higher highs in the trend.
3. Target 3: $3.10
Psychological and historical resistance level. May be achieved with sustained bullish sentiment and market-wide momentum.
Risk Levels & Support Zones
Immediate Support: $2.00
Critical Support: $1.72
A breakdown below $1.72 could signal a bearish trend reversal.
Trading Tip:
Watch for volume spikes and keep an eye on the $2.38 resistance level. A decisive breakout above this point with strong volume can lead to rapid movement toward the next targets. Use tight stop losses near $1.95 to minimize risks.