š„ $BARD ā SHARP LIQUIDITY SWEEP, ATTEMPTING STRUCTURE RECOVERY š„
ā± 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:
ā¢ š Prolonged sideways distribution around the 0.75ā0.80 zone
ā¢ šŖ Sudden deep wick below support (~0.63ā0.65) ā classic stop-hunt / liquidity sweep
ā¢ š Price bounced back quickly and is now retesting the breakdown level (~0.67)
Key levels to watch:
ā¢ Immediate support: 0.65 ā 0.67
ā Holding this zone keeps the recovery attempt valid
ā¢ Invalidation: below ~0.62
ā Lose this level and downside continuation risk increases
ā¢ Upside resistance: 0.80 ā 0.90
ā Previous range + supply zone
ā¢ Extension target (only if structure flips): 1.20 ā 1.68
How to approach this setup:
ā¢ This is not a FOMO long ā volatility just expanded
ā¢ Best case: price stabilizes above 0.67, forms higher lows, then pushes higher
ā¢ Weak case: rejection at resistance ā return to range or another sweep
š” After liquidity events, markets often pause and rebalance ā confirmation matters more than speed.
š§ Hands steady ā this is a decision zone, not the finish line.
