🚨 Trading Signal Alert 🚨
Pair: $BAR /USDT | Time Frame: 4-Hour Chart
Current Price: $2.51 (-1.14%)
Price Overview:
The price of BAR/USDT shows a recent drop after touching a high of $2.867, and currently, it is trading near a key support zone around $2.427. The market has shown some signs of recovery with a slight upward movement after reaching a low of $2.387. Traders should look for stability before a potential breakout.
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Entry Zone:
Enter near $2.48 - $2.52 for long positions.
Key Levels to Watch:
Support: $2.42 | $2.38
Resistance: $2.57 | $2.66
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Targets:
1. TP1: $2.57
2. TP2: $2.66
3. TP3: $2.86
Stop Loss: $2.38
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📊 RSI Analysis: Currently at 52.21 (neutral zone), indicating neither overbought nor oversold conditions. A breakout above $2.57 may signal further upward momentum.
⚠️ Note: Watch for price stability above support levels before entering. Use proper risk management.
