$HBAR — Rising Wedge Pressing Into 0.118 Supply, Breakdown Setup Forming 📉
Trade Plan: Short $HBAR
Entry: 0.116 - 0.118
SL: 0.12033
TP: 0.11360 | 0.10905 | 0.10439
Why this Setup?
Price is compressing inside a rising wedge after a strong upside move, with the upper boundary repeatedly limiting further expansion near the 0.118 zone. A rejection from this area could trigger a downside unwind toward the marked support levels. As long as 0.12033 holds, the bearish setup remains valid.
Trade $HBAR here 👇
Trade Plan: Short $HBAR
Entry: 0.116 - 0.118
SL: 0.12033
TP: 0.11360 | 0.10905 | 0.10439
Why this Setup?
Price is compressing inside a rising wedge after a strong upside move, with the upper boundary repeatedly limiting further expansion near the 0.118 zone. A rejection from this area could trigger a downside unwind toward the marked support levels. As long as 0.12033 holds, the bearish setup remains valid.
Trade $HBAR here 👇