$BARD

🚀 BARD/USDT: Catching the Bounce?

BARD is showing signs of stabilizing after a significant sharp drop from its recent range. While the overall structure has turned bearish on the higher timeframes, the price is currently finding short-term relief near a critical historical demand zone.

📊 Technical Breakdown (4H Chart)

* Current Price: $0.6703 (+6.43%).

* Support Zone: A strong "floor" has formed around $0.62 – $0.63, which aligns with its historical September 2025 bottom.

* Immediate Resistance: Faces a heavy cluster of resistance at $0.70 (EMA 25) and $0.75 (EMA 99).

* RSI (6): Sitting at 49.9, which is neutral; it has recovered from extreme "oversold" levels (15.6) seen during the recent crash.

* Key Trend: The price is attempting to reclaim the EMA 7 ($0.66). A successful close above this level could lead to a relief rally toward the EMA 25.

⚡ Trade Setup (Scalp/Short-Term)

Given the recent 15% drop, this is a "bottom-fishing" setup that requires tight risk management.

* Entry Zone: $0.65 – $0.67.

* Target 1 (TP1): $0.70 (Immediate resistance/EMA 25).

* Target 2 (TP2): $0.75 (Previous support turned resistance/EMA 99).

* Target 3 (TP3): $0.80 (Psychological level/mid-range).

* Stop Loss (SL): $0.61 (Below the recent swing low).

> 💡 Market Insight: Watch for institutional demand catalysts this week, such as the Sygnum BTC fund using BARD-collateralized loans, which could spark a recovery.

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Would you like me to analyze the correlation between BARD and BTC to see if a Bitcoin recovery might pull this up faster?