The $BARD ‌ chart is doing something sneaky right now and most people are going to get caught on the wrong side of it.

We just saw a massive rejection at the 1.73 level and now the price is bleeding out. It’s down over 12% today, currently sitting around 1.14. It looks ugly, but if you look closer, we are actually approaching a previous consolidation zone that might act as a floor.
The volume is still pretty high at 6M USDT, so there’s definitely a fight going on here. If 1.01 holds as support, this could just be a healthy retest before another leg up. But if we lose that psychological 1.00 level, it’s probably going back to 0.75 fast.
The RSI is likely cooling off after that vertical move, which usually gives the bulls a second chance if they have the strength. I’m not touching this until I see a reversal candle or some absorption in the order book.
Just waiting for the dust to settle before making a move.

#OilPricesSurge