๐ $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.
๐ The Technical Setup:
โข The Pattern: Macro Wave Structure / Reversal Pattern
โข Short-term Target: $0.14
โข Macro Objective: $0.34
โข Market Structure: Reversal from range consolidation
๐ฏ Key Levels to Watch:
โข Support / Accumulation Zone: $0.06 - $0.08
โข Resistance: $0.14
โข Breakout Level: $0.10
โข Stop Loss / Invalidation: $0.06
๐ Confirmation:
โข Volume: Neutral/standard volume
โข Momentum: Bullish recovery candles forming on weekly timeframe
โข Trend: Transitioning from macro correction to potential recovery
โ ๏ธ 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.
๐ 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.
๐ The Technical Setup:
โข The Pattern: Macro Wave Structure / Reversal Pattern
โข Short-term Target: $0.14
โข Macro Objective: $0.34
โข Market Structure: Reversal from range consolidation
๐ฏ Key Levels to Watch:
โข Support / Accumulation Zone: $0.06 - $0.08
โข Resistance: $0.14
โข Breakout Level: $0.10
โข Stop Loss / Invalidation: $0.06
๐ Confirmation:
โข Volume: Neutral/standard volume
โข Momentum: Bullish recovery candles forming on weekly timeframe
โข Trend: Transitioning from macro correction to potential recovery
โ ๏ธ 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.
๐ Creator: NOUMAN_DON (@NOUMAN_DON)
#hbar #crypto #BinanceSquare #tradingview #TechnicalAnalysis
