$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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buy and trade here on $BAR