FieryTrading

🔥 BAND/USDT Bullish Wedge Break Out

Long
BINANCE:BANDUSDT   BAND / TetherUS
BAND is one of the coins which has seen some big gains in recent days. The gains of this morning were of such magnitude that it, finally, managed to break out of the wedge that it has been inside since 2021. Today's break out is accompanied by a large increase in volume over the last couple of days, which makes me believe we will see more great things in the near future of this coin.

On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs and round numbers. Do your own due diligence.

Happy trading!

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