$HBAR ๐Ÿ‘ Analysis โ€“ Frame (1 hour)
Buy and sell deal ๐Ÿšจ๐Ÿ”ฅ๐Ÿšจ๐Ÿšฉ
๐Ÿ“Š Support and resistance levels
๐Ÿ”ด Resistance 1: 0.11525
๐Ÿ”ด Resistance 2: 0.11634
๐ŸŸข Support 1: ~0.11000
๐ŸŸข Support 2: 0.10675
๐ŸŸข Support 3: 0.10196
๐ŸŸข Strong support: 0.09716
๐Ÿ”ฅ Chart reading
The price is at 0.11301 after a very strong rise, with a clear increase in trading volume and a positive MACD. However, the price is near the 0.11525โ€“0.11634 resistance zone, which is an important resistance areaโ€”so chasing a buy now carries higher risk.
๐ŸŸข Conditional buy scenario
Entry: After breaking and holding above 0.11525
๐ŸŽฏ Target 1: 0.11634
๐ŸŽฏ Target 2: ~0.11900
๐Ÿ›‘ Stop loss: Below ~0.11250
๐Ÿ”ด Conditional sell scenario
If the price fails to break through 0.11525โ€“0.11634 and a bearish reversal candle appears:
๐Ÿ”ป Sell entry: 0.1145โ€“0.1152 after bearish confirmation
๐ŸŽฏ Target 1: 0.1100
๐ŸŽฏ Target 2: 0.10675
๐Ÿ›‘ Stop loss: Above 0.1165
Most important: I donโ€™t consider reaching the resistance level alone as a sell signal; we need confirmation from the next candle. The chart shows a strong uptrend, so selling against the trend needs stronger confirmation.#FedProposesPaymentStablecoinRules #ChinaMayLetAlibabaByteDanceBuyNvidiaChips $AAPLB