Technical analysis by clasaicrypto about Symbol BAND: Buy recommendation (7/28/2024)

✉️ Pair: BANDUSDT 📈 Direction: Long 💯 Leverage: Cross 5X - 10X - 20X 📊 Entry 1: 1.550 📊 Entry 2 (DCA): 1.000 ✅ Target 1: 2.000 ✅ Target 2: 2.500 ✅ Target 3: 3.000 ⛔️ Stop Loss: 0.950 BAND Analysis:Previously, #BANDUSDT has been trading within a descending channel on the 1D timeframe. #BAND has broken out of the descending channel and retested the breakout zone. This pattern is often a precursor to a bullish run. Currently, #BANDUSDT is testing a significant resistance level. A break above this could propel the price toward the upper supply zone, with a target around the strong resistance at $2.5.If the $1.5 support fails, the next major support to watch is $1.0. This area is crucial, packed with liquidity, and could spark a bullish rally if tested.Entry Strategy:- Main entry: 1.550 - Additional entry (DCA): 1.000 Monitor volume and breakout confirmations closely. If #BAND breaks above the resistance level with good volume, it is likely to reach the specified resistance levels."Manage your risk – never trade with more than 1% of your capital on a single transaction."DON`T FORGET TO BOOST US :D📊 Entry 1: 1.550