The $BAR /USDT pair on the 15-minute chart is currently trading at 2.350 USDT, marking a 20.33% increase for the day. With resistance identified at 2.527 USDT and support established around 2.291 USDT, this setup presents an opportunity for short-term trading.
For those looking to enter, an entry near 2.360 USDT is suggested, ideally after observing positive momentum. For take-profit, incremental targets can be set at 2.400 USDT (TP1), 2.450 USDT (TP2), and 2.500 USDT (TP3) to lock in gains as the price progresses.
To manage risk, a stop loss is advised at 2.300 USDT, which allows traders to cut losses if the price drops below the support zone.
This approach aims to capture upside potential within a structured framework, balancing profit with risk mitigation amidst the current bullish trend in BAR/USDT.
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