$HBAR This move is up 36.84%. Current price is 0.12786, and the 24h high is 0.12823—it's basically trading right up against the peak. Trading volume is 615.9M. This volume is large by HBAR’s historical standards, but I don’t really believe in the sustainability of this kind of one-off spike.
Look at the range: it went straight from 0.09324 up to above 0.128, with hardly any pullback in between. This kind of structure is either driven by news—one burst—or someone accumulated at low levels and then pulled it up directly. The issue is that at the 0.128 level, the overhead resistance is very real; every time it got here before, it couldn’t hold.
My take is simple: as long as the pullback doesn’t break 0.118, it can still push again. If it falls back directly below 0.11, then anyone who chased in today is basically standing on top of the mountain.
Chasing after a 36% jump definitely isn’t worth it. Let it answer on its own.
Look at the range: it went straight from 0.09324 up to above 0.128, with hardly any pullback in between. This kind of structure is either driven by news—one burst—or someone accumulated at low levels and then pulled it up directly. The issue is that at the 0.128 level, the overhead resistance is very real; every time it got here before, it couldn’t hold.
My take is simple: as long as the pullback doesn’t break 0.118, it can still push again. If it falls back directly below 0.11, then anyone who chased in today is basically standing on top of the mountain.
Chasing after a 36% jump definitely isn’t worth it. Let it answer on its own.