$BAR /USDT – Bearish Reversal Signals Emerging at Key Resistance

Current Price: $2.423 (+3.77%)

24H High / Low: $2.513 / $2.279

Volume: 1.22M BAR

Market Overview:

$BAR is encountering strong resistance at the $2.50–$2.51 zone, evidenced by repeated upper wicks and bearish candlestick formations. The price is showing signs of exhaustion, suggesting a potential pullback in the short term.

Technical Levels:

Resistance: $2.50 – $2.51

Support: $2.38 → $2.30

Short Trade Setup:

Entry Zone: $2.42 – $2.44 (on weak bounce)

Take Profit Targets:

TP1: $2.38

TP2: $2.32

TP3: $2.26

Stop Loss: $2.52

Trade Insight:

Monitor price action near $2.45+. A clear rejection combined with rising red volume can confirm bearish momentum. With fan token hype cooling down, this setup offers a tactical shorting opportunity.

Disclaimer: This is not financial advice. Always DYOR before entering any trade.

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