BAND: Inverse Head & Shoulders pattern spotted. 🚀💎BAND is exhibiting signs of CHoCH (Change of Character) and BOS (Break Of Structure) towards a bullish market structure. Additionally, it has formed an inverse head and shoulders pattern, which increases the probability of a reversal.
💎If BANDUSDT manages to break out above the neckline and resistant area of the inverse head and shoulders pattern, it could indicate a bullish move towards the next resistant levels.
💎In the event of a pullback, we can anticipate a bounce from the demand level.
Band
BAND Price Continues Pattern, Currently BearishCurrently BAND price is at $7.516. In the early hours, the price surged to $7.903, but plunged after that following its current fad. In the coming hours, the price might dip to $7.4 with some bears. Consequently, it might surge from this point to reach the new high for the day. RSI levels dip near 47.28.
The resistance level is $ 7.761
The support level is $ 7.509
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BAND Protocol entry and exit target for the current altseasonBAND Protocol entry and exit target for the current altseason
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Don't miss the great buy opportunity in BANDUSDTTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (12.68). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. BAND/TetherUS is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 65.
Take Profits:
TP1= @ 15.47
TP2= @ 17.76
TP3= @ 20.46
TP4= @ 27.15
SL= Break below S3
❤️ If you find thi








