The buying pressure appeared at the $4.50 zone and created a false break, which can help the BAND rally back to the $5.5, $6.5 and $8.5 zones in the coming days. However, if BAND loses the $4.50 zone, it will be a long time before we can continue to invest in BAND

📈RED PLAN
🔴Buy : 4.4-4.6$. SL if B 🔴Buy : 5.35-5.65$ if A. SL if B
📉BLUE PLAN
🔴Sell : 5.35-5.65$. SL if A 🔴Sell : 6.35-6.65$. SL if A 🔴Sell : 8.3-8.7$. SL if A
❓Details
🕯Timeframe : 1 Day 📈Red Arrow : Main Direction as BUY & SELL section 📉Blue Arrow : Back-Up Direction as BACK-UP section 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section 🅰️A : The Close price of candlestick is Above the zone 🅱️B : The Close price of candlestick is Below the zone

  • Band Protocol offers a decentralized data oracle that connects smart contracts such as Defi to external data and APIs. The project has raised ~$10.5 MM via private token sales and the Binance Launchpad Sale.
  • The project uses Delegated Proof-of-Stake (DPoS) on its Cosmos-based blockchain. BandChain provides a decentralized, scalable, and cross-chain oracle solution for any decentralized finance application or smart contract developer.
  • BandChain allows developers to customize and create a 'data oracle script' that allows smart contracts to connect to external data sources and APIs, and specify aggregation methods and security parameters.
  • BAND is the native token of BandChain and is used as a medium of exchange for transfer/data request fees as well as staking to ensure accountability and secure data curation from a trusted global pool of validators.