🔥 BAL Break Out Or Reversal: Huge Potential

Since BAL hit its all-time high value in May '21, this token has mainly been trading bearish.

However, BAL seems to be on a run lately, being one of the top performers of the last week or so. This massive bullish move has brought BAl to a huge resistance, the resistance from the ATH to the last local top.

In case of a bullish break out, I'm expecting a lot of volume pouring in. Targets are placed at recent local tops. However, it's also very possible that we're going to see a rejection of the resistance. I doubt whether we're going to move towards the support, but a couple of red days might be needed before we got the strength to push through the resistance.

Happy trading!