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BAND / TetherUS

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BANDUSDT trade ideas

BAND/USDT Need to Bounce to continue upward movement or Down ??💎 BAND has certainly caught our eye, having recently broken out of a bullish flag pattern and subsequently experiencing a substantial rise before facing rejection at the supply zone. Currently, BAND is in a phase of retesting at the demand zone, a critical juncture for its potential to continue the upward trajectory. 💎 A successful defense and rebound from this demand area could easily propel BAND towards the challenging thresholds of the supply and bearish overbought (OB) zones, with high chances of this scenario unfolding. 💎 However, there's a downside risk. Should BAND fail to hold its ground at the demand zone, leading to a breach of this pivotal area, it could trigger a downward spiral for the asset. This bearish turn could significantly push BAND towards the next levels of defense - the support zone, or even further down to the robust support area, marking a more profound retreat in its market position.
by MyCryptoParadise
BAND/USDT Ready for a Potential Correction? BAND Analysis💎Paradisers, set your sights on BNADUSDT! It's currently positioned within a strategic trading zone, hinting at a potential adjustment due to the looming supply zone. 💎In recent times, BandProtocol has been maneuvering through a defined trading channel. There is a high probability that it might be gearing up for a potential correction. 💎Importantly, it has consistently encountered significant resistance at 1.541, facing pushbacks from this level on multiple instances. 💎Yet, there's an additional supply zone marked by an untouched OB. If BAND maintains its bullish trajectory, it's plausible it might approach this supply zone. 💎Hone your trading decisions for BAND with ParadiseFamilyVIP. Delve deeper into our expert analyses on BAND and other potential tokens, refining your crypto approach.
Short
by MyCryptoParadise_Simon
1
BAND/USDT Weekly Support too strong , Bullish Momentum ?Yello Paradisers, Keep an Eye on BAND: A Key Moment 💎BAND has shown a strong rejection at a key weekly support level, highlighting the resilience of this area in preventing further downward movement. 💎The next step for BAND could be a bounce back to test the supply zone, which will serve as a litmus test for its future trajectory—either breaking out of its current pattern or revisiting the weekly key support yet again. 💎Should BAND manage to break through the supply zone and its descending pattern, it could set the stage for a short-term bullish run, potentially reaching and then pulling back from a bearish order block (Bearish OB). 💎However, this bullish scenario would be invalidated if BAND closes the week below the established support or the designated green line.
Long
by MyCryptoParadise_Nathan
7