📉 $HBAR Technical Setup: Re-accumulation Ahead of Expansion? 🚀
The price of $HBAR is undergoing a temporary corrective phase within a broader range, creating a high-probability reversal setup.
📊 Key Technical Levels:
• Key Support (Demand Zone): $0.0700 – $0.0710
• Mid Resistance: $0.0760 – $0.0770
• Main Target (Liquidity Peak): $0.0840
🔍 Chart Dynamics:
Price is moving inside a Falling Wedge / Descending Channel, heading straight into a key liquidity sweep area near $0.0710. A strong hold above this demand zone invalidates the temporary downtrend and opens the path for a Bullish Reversal.
💡 High-Probability Trade Plan:
• Entry Zone: $0.0700 – $0.0710 (wait for bullish rejection on lower timeframes)
• Take Profit 1 (TP1): $0.0765
• Main Target (TP2): $0.0840 (Liquidity Grab)
• Stop Loss (SL): $0.0685 (15m/1h candle close below cancels bias)
• Risk/Reward: ~1:5
What's your plan for $HBAR? Are you buying the dip or waiting for confirmation? Drop your thoughts below! 👇
#HBAR #Hedera #CryptoTrading #BinanceSquare #TechnicalAnalysis
The price of $HBAR is undergoing a temporary corrective phase within a broader range, creating a high-probability reversal setup.
📊 Key Technical Levels:
• Key Support (Demand Zone): $0.0700 – $0.0710
• Mid Resistance: $0.0760 – $0.0770
• Main Target (Liquidity Peak): $0.0840
🔍 Chart Dynamics:
Price is moving inside a Falling Wedge / Descending Channel, heading straight into a key liquidity sweep area near $0.0710. A strong hold above this demand zone invalidates the temporary downtrend and opens the path for a Bullish Reversal.
💡 High-Probability Trade Plan:
• Entry Zone: $0.0700 – $0.0710 (wait for bullish rejection on lower timeframes)
• Take Profit 1 (TP1): $0.0765
• Main Target (TP2): $0.0840 (Liquidity Grab)
• Stop Loss (SL): $0.0685 (15m/1h candle close below cancels bias)
• Risk/Reward: ~1:5
What's your plan for $HBAR? Are you buying the dip or waiting for confirmation? Drop your thoughts below! 👇
#HBAR #Hedera #CryptoTrading #BinanceSquare #TechnicalAnalysis