$BARD has just printed a strong impulsive vertical pump from the 0.82 area straight into the 0.99–1.00 zone. That move is too steep, too fast, with almost no healthy consolidation in between. This is classic momentum expansion into a major psychological level.
Price was rejected right below the 1.00 handle (0.99–1.00), which is a heavy psychological and liquidity zone. You can already see rejection wicks forming at the top, signaling profit-taking and seller response. This kind of move usually attracts late FOMO buyers who become exit liquidity near round numbers.
Structurally, this is not a breakout-and-hold yet — it’s a pump → extension → early rejection. After such vertical moves, the market typically looks for a cool-off retrace back into the last demand area before deciding continuation.
Key zones: • Major resistance: 0.99 – 1.02
• First support: 0.93 – 0.91
• Deeper support: 0.88 – 0.86
As long as price stays below 1.00, upside continuation is risky and chasing longs here offers poor risk–reward. Much safer to look for short scalps on rejection, not longs at the top.
There is no visible base or consolidation above resistance yet. Without a clean hold above 1.00, this move looks more like distribution at highs, not a fresh trend leg.
Sentiment-wise, this is peak excitement after a +20% candle. That’s where smart money sells strength, not buys it.
📌 Important note:
If $BARD accepts and holds above 1.00 with strong volume, we flip bias and look for long continuation. Until then, shorting rejection is the higher-probability play.
🔽 Short Scalp Trade Signal
Entry Zone: 0.98 – 1.01
TP1: 0.93
TP2: 0.88
Stop Loss: 1.04
Leverage: 20x – 50x
Margin: 2% – 5%
Risk Management: Move your stoploss to entry after TP is smashed
Short #BARD Here 👇👇
