$BAR /USDT — STRONG BULLISH BREAKOUT, BUT WATCH FOR RETESTS
BAR/USDT has surged from the $1.27 zone to $1.37 in a strong vertical push, breaking multiple intraday resistance levels. Price is now hovering around $1.34 after a sharp wick rejection from the $1.37 high, suggesting possible short-term consolidation before the next leg up.
Trade Setup (Long)
Entry Zone: $1.325 – $1.335 (on pullback)
Take Profit 1: $1.37
Take Profit 2: $1.40
Take Profit 3: $1.44
Stop Loss: $1.31
Market Outlook:
Momentum remains bullish with strong green candle structure on the 15m chart. Order book shows buyers dominating (64% bid vs 36% ask). If price holds above $1.325, bulls could push for new highs today. A break below $1.31, however, could shift momentum back to sellers.
