🚨 $BAR /USDT at a Pivotal Level – Key Entry Strategy Unveiled! 🚨

The $BAR /USDT 15-minute chart on Binance shows an intense price swing, with the current price stabilizing around £2.224 after recent high volatility.

💡 Critical Levels to Watch:

• Resistance Zone: £2.744 – Breaking above this could set the stage for a bullish surge toward higher targets. Momentum traders might jump in here to push prices higher.

• Support Zone: £2.200 – A break below this level may signal weakness, potentially triggering a decline to previous lows around £1.919 or lower.

🔄 Entry Strategy:

• Long Entry: Enter near £2.230 if price consolidates above support, with targets at £2.400 and £2.600. Set Stop Loss at £2.150 to protect against sudden dips.

• Short Entry: If the price struggles to break £2.740, short positions could be considered, with targets at £2.100 and £1.950. Place Stop Loss at £2.800.

⚠️ 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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