đš $BAR /USDT at a Pivotal Level â Key Entry Strategy Unveiled! đš
The $BAR /USDT 15-minute chart on Binance shows an intense price swing, with the current price stabilizing around 2.224 USDT after recent high volatility.
đĄ Critical Levels to Watch:
âą Resistance Zone: 2.744 USDT â Breaking above this could set the stage for a bullish surge toward higher targets. Momentum traders might jump in here to push prices higher.
âą Support Zone: 2.200 USDT â A break below this level may signal weakness, potentially triggering a decline to previous lows around 1.919 USDT or lower.
đ Entry Strategy:
âą Long Entry: Enter near 2.230 USDT if price consolidates above support, with targets at 2.400 USDT and 2.600 USDT. Set Stop Loss at 2.150 USDT to protect against sudden dips.
âą Short Entry: If the price struggles to break 2.740 USDT, short positions could be considered, with targets at 2.100 USDT and 1.950 USDT. Place Stop Loss at 2.800 USDT.
â ïž Risk Management Tip: With recent spikes, volatility is high. Adjust position sizes accordingly and monitor closely as BAR/USDT approaches these key levels.
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