🔥 $BARD — SHARP LIQUIDITY SWEEP, ATTEMPTING STRUCTURE RECOVERY 🔥
⏱ 4H timeframe | Binance Perp
Current price around 0.6716, up ~6.7% on the day, rebounding after a sudden downside wick and liquidity grab. This is a reaction move, not a confirmed trend reversal yet.
What the chart is showing:
• 📉 Prolonged sideways distribution around the 0.75–0.80 zone
• 🪂 Sudden deep wick below support (~0.63–0.65) → classic stop-hunt / liquidity sweep
• 🔄 Price bounced back quickly and is now retesting the breakdown level (~0.67)
Key levels to watch:
• Immediate support: 0.65 – 0.67
→ Holding this zone keeps the recovery attempt valid
• Invalidation: below ~0.62
→ Lose this level and downside continuation risk increases
• Upside resistance: 0.80 – 0.90
→ Previous range + supply zone
• Extension target (only if structure flips): 1.20 → 1.68
How to approach this setup:
• This is not a FOMO long — volatility just expanded
• Best case: price stabilizes above 0.67, forms higher lows, then pushes higher
• Weak case: rejection at resistance → return to range or another sweep
💡 After liquidity events, markets often pause and rebalance — confirmation matters more than speed.
🧭 Hands steady — this is a decision zone, not the finish line.