HBAR/USDT Keep an eye in key area. Could HBAR Bounce from here ?

💎 HBAR has recently experienced significant market developments. Positioned at a critical demand zone, HBAR needs to secure a bounce from this level to resume its upward trajectory.
💎 A positive indication would be observed in the daily close, with a bullish candle rejection, probability signaling HBAR's attempt to resume upward movement and reach our targeted strong resistance area.
💎 However, failure to sustain at this demand level could be concerning, as it would signify a breach of a crucial area. This could prompt a reversal to downward movement, with the next support level located at 0.057.
💎 To continue upward momentum, HBAR needs to bounce from the support area and reclaim the region above the demand area. In the absence of positive signals, a prolonged sideways movement may lead to HBAR losing support, initiating a downward movement towards the robust demand area.
💎 A positive indication would be observed in the daily close, with a bullish candle rejection, probability signaling HBAR's attempt to resume upward movement and reach our targeted strong resistance area.
💎 However, failure to sustain at this demand level could be concerning, as it would signify a breach of a crucial area. This could prompt a reversal to downward movement, with the next support level located at 0.057.
💎 To continue upward momentum, HBAR needs to bounce from the support area and reclaim the region above the demand area. In the absence of positive signals, a prolonged sideways movement may lead to HBAR losing support, initiating a downward movement towards the robust demand area.
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Want to trade like a PRO without the 15+ year learning curve?
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.