AlanSantana

✴️ BANDUSDT | $3.8 Next, $5 Possible!

Long
BINANCE:BANDUSDT   BAND / TetherUS
The BANDUSDT chart is dominated by bullish signals.

The major downtrend has been broken, the one coming off the April 2021 All-Time High.

The RSI is super strong while the MACD just entered the bullish zone.

Prices currently trade above EMA10 weekly which is another signal of strength.

The low was hit in October 2022 and while trading volume is low, the buying is always higher than the selling... Let's move to the targets next.

The immediate resistance is set at $2.48.

The next target is $2.75, followed by $3.84 and finally $5.61.

The main and strong support is set at $1.66.

All trading above the October 2022 low and the bullish bias remains intact for sustained, long-term growth.

Breaking below the above level would change the chart and a new analysis would be needed.

Thanks a lot for your support.

Namaste.

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