⚠️¿$HBAR RUMBO TO RECOVERY MACRO? 🚀 TECHNICAL AND FUNDAMENTAL ANALYSIS
📰 Fundamental Context:
The recent push of $HBAR ha been backed by advances in its ecosystem: the growth of the token in real-world assets (RWA) through corporate alliances, cross-chain liquidity integration, and the ongoing expansion of governance within its Board of Directors. These events brought back the volume to trade the token.
📊 Technical Analysis on Daily Chart (1D):
Breakout of the Bearish Funnel:
In the daily structure, we see a price trapped in a clear downward trend. HBAR managed to break out strongly by crossing the third bearish line of the funnel, marking a structural change after months of consolidation at the bottom.
📈Condition for the True Upswing:
This breakout is a positive step toward Hedera’s recovery. The real breakout for the bullish market happens if it surpasses the previous peak at $0.27 USD, overcoming that resistance with a candle of significant volume.
⚠️⚠️ Next Resistances and Rejection
⭕️First resistance: $0.13 USD
💲💲Strategic Buy Zone (Supports):
Support in a range of 0.01040
0 and $0.0900 is the best zone to enter
REMEMBER THAT IF YOU WANT
🎁 Save on your trading fees on Binance:
Use the code "MENTORTRADER" for a 10% on Spot and 5% on Futures.
AND REMEMBER TO PUT IN THE COMMENTS IF
💬 Will $HBAR have enough strength to go after $0.27 USD, or will it first consolidate in the support zone?
The content of this post is strictly educational and informational and does not constitute any kind of financial advice, investment recommendation, or encouragement to buy/sell digital assets. Cryptocurrency markets are highly volatile. Always do your own research (DYOR) and manage your risk responsibly.
#HBAR #Hedera #Crypto #Trading #BinanceSquare
📰 Fundamental Context:
The recent push of $HBAR ha been backed by advances in its ecosystem: the growth of the token in real-world assets (RWA) through corporate alliances, cross-chain liquidity integration, and the ongoing expansion of governance within its Board of Directors. These events brought back the volume to trade the token.
📊 Technical Analysis on Daily Chart (1D):
Breakout of the Bearish Funnel:
In the daily structure, we see a price trapped in a clear downward trend. HBAR managed to break out strongly by crossing the third bearish line of the funnel, marking a structural change after months of consolidation at the bottom.
📈Condition for the True Upswing:
This breakout is a positive step toward Hedera’s recovery. The real breakout for the bullish market happens if it surpasses the previous peak at $0.27 USD, overcoming that resistance with a candle of significant volume.
⚠️⚠️ Next Resistances and Rejection
⭕️First resistance: $0.13 USD
💲💲Strategic Buy Zone (Supports):
Support in a range of 0.01040
0 and $0.0900 is the best zone to enter
REMEMBER THAT IF YOU WANT
🎁 Save on your trading fees on Binance:
Use the code "MENTORTRADER" for a 10% on Spot and 5% on Futures.
AND REMEMBER TO PUT IN THE COMMENTS IF
💬 Will $HBAR have enough strength to go after $0.27 USD, or will it first consolidate in the support zone?
The content of this post is strictly educational and informational and does not constitute any kind of financial advice, investment recommendation, or encouragement to buy/sell digital assets. Cryptocurrency markets are highly volatile. Always do your own research (DYOR) and manage your risk responsibly.
#HBAR #Hedera #Crypto #Trading #BinanceSquare
