đ $HBAR is showing a potential technical setup!
Analyzing the weekly timeframe on Bitget, HBAR/USDT is displaying a macro recovery structure following a prolonged correction phase.
đ The Technical Setup:
âą The Pattern: Macro Wave Structure / Reversal Pattern
âą Short-term Target: $0.14
âą Macro Objective: $0.34
âą Market Structure: Reversal from range consolidation
đŻ Key Levels to Watch:
âą Support / Accumulation Zone: $0.06 - $0.08
âą Resistance: $0.14
âą Breakout Level: $0.10
âą Stop Loss / Invalidation: $0.06
đ Confirmation:
âą Volume: Neutral/standard volume
âą Momentum: Bullish recovery candles forming on weekly timeframe
âą Trend: Transitioning from macro correction to potential recovery
â ïž Invalidation:
A decisive breakdown below the $0.06 support zone would invalidate this macro setup.
The weekly chart hints at a significant base forming, providing a clear risk-to-reward setup if support holds.
đ Creator: NOUMAN_DON (@NOUMAN_DON)
#hbar #crypto #BinanceSquare #tradingview #TechnicalAnalysis
Analyzing the weekly timeframe on Bitget, HBAR/USDT is displaying a macro recovery structure following a prolonged correction phase.
đ The Technical Setup:
âą The Pattern: Macro Wave Structure / Reversal Pattern
âą Short-term Target: $0.14
âą Macro Objective: $0.34
âą Market Structure: Reversal from range consolidation
đŻ Key Levels to Watch:
âą Support / Accumulation Zone: $0.06 - $0.08
âą Resistance: $0.14
âą Breakout Level: $0.10
âą Stop Loss / Invalidation: $0.06
đ Confirmation:
âą Volume: Neutral/standard volume
âą Momentum: Bullish recovery candles forming on weekly timeframe
âą Trend: Transitioning from macro correction to potential recovery
â ïž Invalidation:
A decisive breakdown below the $0.06 support zone would invalidate this macro setup.
The weekly chart hints at a significant base forming, providing a clear risk-to-reward setup if support holds.
đ Creator: NOUMAN_DON (@NOUMAN_DON)
#hbar #crypto #BinanceSquare #tradingview #TechnicalAnalysis
