🚨 Market Analysis: $BARD is declining! 🚨

The cryptocurrency BARD has suffered a drop of 21%, falling from $1.53 to $1.16 after reaching its peak of $1.61. The retraction came after the coin reached an all-time high, but the euphoria did not sustain.

Key points to understand the movement:

* Binance airdrop and staking opportunities boosted the price.

* The RSI reached the overbought zone, indicating that the coin was overvalued, and the MACD confirmed the downward trend.

* The support at $1.38-$1.42 was broken and has now become a new resistance.

Stay alert, as the current trend suggests that the price may test the next low at $1.05. A significant increase in trading volume and a recovery of the $1.42 level could be signs of a possible reversal.

So, do you think BARD will recover or continue to decline? Leave your opinion in the comments! #Criptomoedas #AnáliseDeMercado #BARD #BitcoinDeFi #Write2Earn