HBAR Weekly: Pump Meets the SMA50
HBAR printed a weekly wick high of 0.131 and now trades near 0.105. The weekly SMA50 sits at 0.0994, roughly 5% below price.
A spike into resistance is not a trend change. A reclaim is not confirmation; a weekly close above the SMA50 is what shifts the structure.
Scenario 1: Price holds above 0.0994 and the recovery stays intact.
Scenario 2: price loses it, and the move reads as a fake-out.
Verify first. Risk later. Scale slowly. 🛡️
#HBAR #BinanceSquare
HBAR printed a weekly wick high of 0.131 and now trades near 0.105. The weekly SMA50 sits at 0.0994, roughly 5% below price.
A spike into resistance is not a trend change. A reclaim is not confirmation; a weekly close above the SMA50 is what shifts the structure.
Scenario 1: Price holds above 0.0994 and the recovery stays intact.
Scenario 2: price loses it, and the move reads as a fake-out.
Verify first. Risk later. Scale slowly. 🛡️
#HBAR #BinanceSquare
