Can #BAND Bulls Maintain this Momentum or Will Bears Win? Yello, Paradisers! Is #BANDProtocol breakout from the falling wedge legit—or are bulls walking straight into a trap? Let's dig into the latest setup of #BANDUSDT:
💎After trading for weeks inside a falling wedge, #BAND has finally broken out with solid momentum. The breakout above the resistance tre
BAND/USDT – Massive Trendline Breakout! Reversal Play!📌 Chart Overview:
BAND/USDT has officially broken out from a long-term descending trendline that has suppressed price action for over 7 months. This breakout, confirmed with a bullish daily close above a key horizontal resistance zone ($0.68–$0.70), opens the door for a powerful trend reversal.
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#BAND/USDT#BAND
The price is moving within a descending channel on the 1-hour frame and is expected to break and continue upward.
We have a trend to stabilize above the 100 moving average once again.
We have a downtrend on the RSI indicator that supports the upward move with a breakout.
We have a support
BANDUSDT: trend in daily time framesThe color levels are very accurate levels of support and resistance in different time frames, and we have to wait for their reaction in these areas.
So, Please pay special attention to the very accurate trend, colored levels, and you must know that SETUP is very sensitive.
Be careful
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.