$BAR /USDT - Stability near the support level, preparing to rise to $1.35 or more
The price of $BAR is trading at $1.311 (-0.91%), moving in a narrow range after dropping from its highest level in 24 hours at $1.350. The price found support at $1.284 and is now stabilizing, showing signs of a potential short-term rebound.
Key statistics:
24-hour high: $1.350
24-hour low: $1.284
Trading volume: 1.21 million bars | $1.59 million of Tether
Trading settings (short-term reversal idea):
Buy area: $1.29 - $1.31
Profit target 1: $1.34
Profit target 2: $1.38
Profit target 3: $1.42
Stop loss: below $1.27
Forecast:
As long as the price remains above $1.29, bulls may regain their momentum. A breakout at $1.35 will confirm the strength of the price and open the way to move toward $1.38 and above. Trading volume is weak, so a buying surge could be a strong catalyst $BAR
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