$BAR 🔥💯🚀/USDT Technical Analysis – 17 June 2025
Current Price: $1.244 ▼ (-1.35%)
Pattern: Descending Triangle on 1H & 4H chart suggests bearish pressure building.
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🔍 Market Insight:
/USDT is holding near key support at $1.238, with repeated lower highs forming a descending triangle, a pattern typically signaling downward breakout risk if support fails.
📈 Trade Setup:
Entry Zone: $1.240–$1.248
Targets:
🎯 Target 1: $1.264
🎯 Target 2: $1.279
🎯 Target 3: $1.295 (only if breakout occurs)
Stop Loss: $1.230 (below triangle support)
📊 Momentum: Weak buyers, watch for volume spike—if support breaks, expect drop to $1.20. If bulls defend $1.238, short-term bounce possible.
Next Move:
🔻 Bearish below $1.238
🔼 Bullish reversal only above $1.279 with strong volume
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