š $BAND /USDT Technical Analysis Update
š° Current Price: $1.517 (+9.53%)
šÆ Key Levels:
ā¢ Resistance: $1.539 (24H High)
ā¢ Support: $1.500
ā¢ Next Targets: $1.550 and $1.600
š Trade Setup:
ā¢ Entry Zone: $1.500 - $1.520
ā¢ Take Profit (TP):
ā¢ TP1: $1.550
ā¢ TP2: $1.600
ā¢ Stop Loss (SL): $1.480
š Market Insights:
1. Strong bullish momentum is visible as $BAND has consistently formed higher lows.
2. A sustained breakout above $1.540 could attract more buyers and push the price towards $1.600.
3. Tight stop-loss recommended near $1.480 to minimize downside risk.
ā” Recommendations:
ā¢ Consider taking partial profits near $1.550.
ā¢ Monitor price action around the resistance zone for potential re-entry or breakout opportunities.
ā¢ Adjust stop-loss levels to $1.510 after $1.540 is cleared.
Trade strategically and stay updated on market trends!