$BAND Trading Signal: Volatility Spiking – Prepare for Action! 🚨
$BAND is currently trading at $2.122, up 18.88%, after rebounding strongly from a recent low of $1.486. It is approaching a critical resistance level at $2.231, suggesting potential for a breakout or retracement.
💡 Trade Setup:
Long Entry: $2.150
Take Profit (TP): $2.230, $2.280, $2.350
Stop Loss (SL): $2.040
Short Entry: $2.100
Take Profit (TP): $2.030, $1.980, $1.900
Stop Loss (SL): $2.200
⚠️ Note: Watch for a breakout above $2.231 to confirm bullish momentum or a rejection leading to further pullback. Tight risk management is advised due to heightened market volatility.