$BARD Breakout Alert: Bulls Expanding Momentum!
$BARD has just staged a massive breakout from its long-term consolidation range! With bullish momentum expanding and price holding firm near intraday highs, the buyers are clearly in full control of the current price action.
📊 Technical Breakdown:
Structure: The price has successfully cleared the heavy resistance zone, signaling a "Break of Structure" (BOS) to the upside.
Indicators: The $0.78 level has flipped from major resistance to a solid support floor, supported by the EMA20. As long as the price maintains this structural integrity, the path of least resistance is up.
Volume: We are seeing buyer exhaustion on the sell-side, with momentum indicators (RSI/MACD) pushing into the bullish expansion zone.
📊 THE TRADE SETUP (LONG)
Entry Zone: $0.770 – $0.785 (Optimal buy-on-retest)
Stop Loss: $0.742 (Strict structural invalidation)
🎯 TAKE PROFIT TARGETS:
TP1: $0.820 (Local Resistance)
TP2: $0.865 (Mid-term Target)
TP3: $0.930 (Major Liquidity Pool)
What’s your take on $BARD? Do you think we’ll slice through $0.82 on the first attempt, or see a healthy retest of the $0.78 level first? Let’s discuss in the comments! 👇
Buy and Trade $BARD
