#BARD
📈 Technical analysis and potential opportunities
Potential strong support: from $0.90 to $0.91 based on recent price movements
Significant resistance: the closest is $1.00 to $1.02 if the upward momentum continues
Potential bearish scenario: If support at ~$0.90 is broken, it could head towards ~$0.60-0.70 as lower support based on some market analyses.
My personal opinion (not financial advice)
If you are a scalping trader or short-term trader:
You might enter a trade at the current price (~$0.94-$0.95) with a close stop loss ($0.90 or a bit lower) and try to benefit from any quick rebound towards $1.00.
If you are a medium to long-term investor, the project looks promising in terms of linking BTC and DeFi, but you need to be prepared for significant volatility, especially with the opening of tokens and potential losses from immediate selling.
