🚀 BARD/USDT Technical Update – Trader’s Eye View 👁️📈
Currently, BARD/USDT is showing an interesting setup on the 15M chart (Heikin Ashi). After a massive pump earlier today, price reached a high of 1.3679 USDT before pulling back into consolidation. Right now, it is trading around 0.92 – 0.93 USDT with a clear descending trendline forming resistance, while a solid support zone has developed at the 0.90 region.
🔍 Chart Breakdown:
📊 Pattern: The price is forming a falling wedge / descending triangle structure. Usually, this indicates that the market is preparing for a potential breakout once the sellers exhaust.
📉 Support Zone: Around 0.90 – 0.92 USDT, which has been tested multiple times. Buyers are trying to defend this area strongly.
📈 Resistance Trendline: Sellers are pushing price down gradually, but if bulls break this line with strong volume, we may see another sharp move upward.
🔥 Volume: Trading volume is still very high (183M+ in last 24H), which means volatility is not over yet.
⚡ What Traders Should Watch:
1. ✅ If the price breaks above the descending trendline with good volume, a bullish breakout could push it back toward 1.10 – 1.25 USDT and even higher.
2. ⚠️ If support at 0.90 fails, the price might retest lower zones around 0.80 – 0.70 USDT before stabilizing.
3. 🎯 For intraday traders, it’s crucial to monitor the breakout levels and manage stop-loss wisely.
💡 Trader’s Tip: Always wait for confirmation before entering. Patterns like this often create false breakouts to trap traders. Patience is key!
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