đ„ $BARD â SHARP LIQUIDITY SWEEP, ATTEMPTING STRUCTURE RECOVERY đ„
â± 4H timeframe | Binance Perp
Current price around 0.6716, up ~6.7% on the day, rebounding after a sudden downside wick and liquidity grab. This is a reaction move, not a confirmed trend reversal yet.
What the chart is showing:
âą đ Prolonged sideways distribution around the 0.75â0.80 zone
âą đȘ Sudden deep wick below support (~0.63â0.65) â classic stop-hunt / liquidity sweep
âą đ Price bounced back quickly and is now retesting the breakdown level (~0.67)
Key levels to watch:
âą Immediate support: 0.65 â 0.67
â Holding this zone keeps the recovery attempt valid
âą Invalidation: below ~0.62
â Lose this level and downside continuation risk increases
âą Upside resistance: 0.80 â 0.90
â Previous range + supply zone
âą Extension target (only if structure flips): 1.20 â 1.68
How to approach this setup:
âą This is not a FOMO long â volatility just expanded
âą Best case: price stabilizes above 0.67, forms higher lows, then pushes higher
âą Weak case: rejection at resistance â return to range or another sweep
đĄ After liquidity events, markets often pause and rebalance â confirmation matters more than speed.
đ§ Hands steady â this is a decision zone, not the finish line.
