$HBAR BULLISH set up building .
Personal conviction long term still bearish but for momentum and position trading it is a buy!
• Trading ~$0.078–0.080, up ~20% over 7 days, still ~9% off its 7-day high ($0.0865).
• Bullish engulfing candle formed near a multi-month descending trendline; a daily close above $0.0671 was flagged as a trigger toward $0.0776 (+18%).
• Fundamental tailwind: HBAR was named among assets recently classified as “digital commodities” by SEC/CFTC, and network activity/TVL are hitting records.
• Key range: support $0.0643–0.0665, resistance $0.087. TradingView daily rating: buy; weekly/monthly: sell — so momentum is short-term, not yet confirmed longer-term.
Personal conviction long term still bearish but for momentum and position trading it is a buy!
• Trading ~$0.078–0.080, up ~20% over 7 days, still ~9% off its 7-day high ($0.0865).
• Bullish engulfing candle formed near a multi-month descending trendline; a daily close above $0.0671 was flagged as a trigger toward $0.0776 (+18%).
• Fundamental tailwind: HBAR was named among assets recently classified as “digital commodities” by SEC/CFTC, and network activity/TVL are hitting records.
• Key range: support $0.0643–0.0665, resistance $0.087. TradingView daily rating: buy; weekly/monthly: sell — so momentum is short-term, not yet confirmed longer-term.
