- $BAR price action respects 1D order block at $1.10–$1.12, maintaining a clean bullish structure of higher highs and higher lows.
- Displacement from the order block confirms strong buyer presence, reclaiming $1.22 and setting momentum toward $1.457 external liquidity.
- Bullish bias remains intact above $1.096, with liquidity above swing highs serving as the primary target for continued upward movement.
$BAR is maintaining a firm bullish market structure, with price action holding above key technical levels that support upward continuation.
Price Action Respects the Order Block
According to Crypto Patel, $BAR has respected the identified 1-day order block in the $1.10–$1.12 zone. This level has acted as a base for recent gains. The chart structure remains intact, showing a consistent series of higher highs and higher lows.
Price displacement from this order block indicates strong buyer activity, confirming bullish momentum in the market. Buyers stepped in with conviction, reclaiming the $1.22 entry zone. As long as the price holds above this area, the structure favors the upside.
Liquidity Positioned Above Swing Highs
The external liquidity target has been set at $1.457, where stop orders and short positions are likely concentrated. Market participants often view such zones as potential draw points for price.
Above the current levels, the path of least resistance remains upward. Liquidity resting above previous swing highs could attract further buying pressure, fueling the move toward the target. Sustained momentum is crucial to maintain this trajectory toward the liquidity zone.
Key Levels for Bullish and Bearish Control
The bullish outlook remains valid as long as $BAR trades above the order block support. A decisive drop below $1.096 would break the current market structure. This would give sellers the upper hand and potentially shift the short-term trend.
For now, the market continues to respect bullish boundaries, with higher timeframe levels reinforcing the upward bias. Traders watching these levels may see a continuation of the current move if the bullish structure holds.
