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Market Analysis of $BAR: Bullish Movement and Key Support Levels

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by Giorgi Kostiuk

15 hours ago


The current trading structure of $BAR maintains a bullish trend, with prices firmly above key technical levels supporting further upside.

Respecting the Order Block

According to Crypto Patel, $BAR has respected the identified 1-day order block in the $1.10–$1.12 zone. This level has acted as a base for recent gains. The chart structure remains intact, showing a consistent series of higher highs and higher lows.

Liquidity Positioned Above Swing Highs

The external liquidity target has been set at $1.457, where stop orders and short positions are likely concentrated. Market participants often view such zones as potential draw points for price. The path of least resistance remains upward, and liquidity resting above previous swing highs could attract further buying pressure.

Key Levels for Bullish and Bearish Control

The bullish outlook remains valid as long as $BAR trades above the order block support. A decisive drop below $1.096 would break the current market structure, giving sellers the upper hand and potentially shifting the short-term trend.

For now, the market continues to respect bullish boundaries, with higher timeframe levels reinforcing the upward bias. Traders observing these levels may see a continuation of the current move if the bullish structure holds.

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