BAND/USDT: Ready to Bounce from Key Demand Zone? Next Move in Focus!
$BAND #Bandusdt BAND/USDT Chart Analysis 🕵️♂️🚀
Key Observations: Demand Zone: Price is consolidating around a strong demand zone at 1.81-1.84, suggesting a potential bullish bounce if buyers step in.Descending Channel: The price is respecting a descending trendline as resistance, with multiple touches. A breakout could change momentum. Break of Structure (BOS): BOS points indicate bearish structure so far, but a shift above the trendline could signal a reversal. Supply Zones: Resistance levels to watch on the way up are at 2.10, 2.23, and 2.33. Potential Trade Setup 🎯 Trigger: A breakout above the descending channel and confirmation of the demand zone holding can signal a reversal.Targets:First resistance around 2.10.Higher targets at 2.23 and 2.33 (supply zones).Stop Loss: Below the demand zone near 1.76 to limit downside risk. Key Note 📢 Watch BTC closely! A bullish move in BTC or BTC dominance could drive BAND towards these targets." 🚨 $BAND #Write2Earn!
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.
