šØ $BAR /USDT Market Update ā”
$BAR is currently trading at $1.923, showing an impressive +10.52% surge in the last 24 hours. The price hit a high of $2.170 and a low of $1.734, indicating notable volatility and active trading. Volume remains high, with 6.29M BAR and 12.40M USDT traded, reflecting strong market participation.
$BAR is approaching key moving averages (MA7: $1.949, MA25: $1.910, MA99: $1.790), with MA7 leading the upward momentum. The recent spike to $2.170 reflects buying strength, but traders should be cautious of potential resistance at that level.
š Long Trade Setup: If BAR breaks above $2.170, potential targets could be: šÆ TP1: $2.200 šÆ TP2: $2.250 šÆ TP3: $2.300
š Short Trade Setup: If BAR drops below $1.734, expect further downside pressure, with a possible target of $1.680.
With the current surge in price, traders should keep an eye on key resistance and support levels as BAR could continue to experience high volatility.
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