$BAR /USDT BULLS EYEING A BREAK ABOVE 1.39 – CAN MOMENTUM PUSH HIGHER?

BAR has rebounded strongly from the $1.308 support after testing a high of $1.389. Price is trading above the 25 MA, with the 7 MA now acting as immediate support. If bulls can reclaim $1.35 and sustain buying pressure, a breakout above $1.39 could trigger the next leg higher toward new short-term highs.

Trade Setup (Short-Term Long):

Entry: $1.325 – $1.340

Take Profits: $1.365 / $1.385 / $1.420

Stop Loss: $1.305

Market Outlook:

Bullish sentiment remains intact after the recent rally, supported by higher lows on the hourly chart. The $1.30–$1.31 zone is crucial for bulls to defend. A confirmed breakout over $1.39 could attract momentum buyers for further upside.

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