🔻 HBAR 4H Setup: Breakdown-Retest SHORT
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📉 Trend: Bearish. HBAR trades near 0.0719 (-0.6% 24H), below EMA20 0.0727, EMA50 0.0752 and EMA200 0.0827. The Oct 29 dump broke the 0.075-0.076 base and wicked to 0.0660.
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🧱 Support: 0.0709 range low, then 0.0690 and 0.0660
🚧 Resistance: 0.0740-0.0752 old base + EMA50
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🎯 Plan (SHORT)
Entry: 0.0740-0.0750
Stop loss: 0.0768
TP1: 0.0709
TP2: 0.0690
TP3: 0.0660
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🧠 Why: Since the flush, HBAR has only drifted sideways under the EMAs. A bounce into the broken base is a classic retest where sellers tend to return.
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⚠️ Risk: A 4H close above 0.0768 voids the idea. Wait for the retest; don't chase.
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Not financial advice. DYOR.
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$HBAR $BTC #HBAR #CryptoTrading #TechnicalAnalysis #Altcoins
⠀
📉 Trend: Bearish. HBAR trades near 0.0719 (-0.6% 24H), below EMA20 0.0727, EMA50 0.0752 and EMA200 0.0827. The Oct 29 dump broke the 0.075-0.076 base and wicked to 0.0660.
⠀
🧱 Support: 0.0709 range low, then 0.0690 and 0.0660
🚧 Resistance: 0.0740-0.0752 old base + EMA50
⠀
🎯 Plan (SHORT)
Entry: 0.0740-0.0750
Stop loss: 0.0768
TP1: 0.0709
TP2: 0.0690
TP3: 0.0660
⠀
🧠 Why: Since the flush, HBAR has only drifted sideways under the EMAs. A bounce into the broken base is a classic retest where sellers tend to return.
⠀
⚠️ Risk: A 4H close above 0.0768 voids the idea. Wait for the retest; don't chase.
⠀
Not financial advice. DYOR.
⠀
$HBAR $BTC #HBAR #CryptoTrading #TechnicalAnalysis #Altcoins
