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$BAN : Macro Base Formation in Progress!
$BAN is currently showing a classic accumulation pattern on the 1M timeframe. After a prolonged downtrend, the asset is finding solid ground between 0.0500 and 0.0600 USDT.
**Technical Breakdown:**
• **Current Price:** 0.06716 USDT
• **Setup:** Bullish Reversal / Accumulation
• **Trigger:** 0.0850 USDT (Breakout Level)
• **Targets:** 0.1200 USDT / 0.2500 USDT
• **Stop Loss:** 0.0450 USDT
**Why this matters:**
The monthly chart suggests that sellers are exhausted. We are looking for a decisive monthly close above the trigger level to confirm the start of a new macro trend. Patience is key as we wait for the breakout confirmation.
Stay tuned for updates!
— NOUMAN_DON (@NOUMAN_DON)
#BAN #CryptoAnalysis #BinanceSquare #altcoins #TradingSignals