🚀 $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.
📈 The Technical Setup:
• The Pattern: Macro Wave Structure / Reversal Pattern
• Short-term Target: $0.14
• Macro Objective: $0.34
• Market Structure: Reversal from range consolidation
🎯 Key Levels to Watch:
• Support / Accumulation Zone: $0.06 - $0.08
• Resistance: $0.14
• Breakout Level: $0.10
• Stop Loss / Invalidation: $0.06
📊 Confirmation:
• Volume: Neutral/standard volume
• Momentum: Bullish recovery candles forming on weekly timeframe
• Trend: Transitioning from macro correction to potential recovery
⚠️ 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.
💎 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.
📈 The Technical Setup:
• The Pattern: Macro Wave Structure / Reversal Pattern
• Short-term Target: $0.14
• Macro Objective: $0.34
• Market Structure: Reversal from range consolidation
🎯 Key Levels to Watch:
• Support / Accumulation Zone: $0.06 - $0.08
• Resistance: $0.14
• Breakout Level: $0.10
• Stop Loss / Invalidation: $0.06
📊 Confirmation:
• Volume: Neutral/standard volume
• Momentum: Bullish recovery candles forming on weekly timeframe
• Trend: Transitioning from macro correction to potential recovery
⚠️ 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.
💎 Creator: NOUMAN_DON (@NOUMAN_DON)
#hbar #crypto #BinanceSquare #tradingview #TechnicalAnalysis
