HBAR Analysis: What the Charts Are Telling Us

In our previous HBAR analysis, we discussed how the price could react to a demand zone before continuing its move higher to grab the liquidity stacked above.

In our previous HBAR analysis, we discussed how the price could react to a demand zone before continuing its move higher to grab the liquidity stacked above.

So, what's happening now? HBAR hasn't fully reached the demand zone yet, but we're already seeing some reaction. At the same time, more liquidity is building up above, adding fuel for a potential breakout.

Let's take a closer look at the price action.

HBAR Analysis: A Deeper Dive into the Charts

Dropping down to the M30 timeframe, we can see that the market structure is still bearish. This suggests that HBAR could encounter resistance at a supply zone before moving lower to fully test the demand zone.

However, if buyers step in early, we might not even get that full retest. Instead, HBAR could break through the liquidity above and begin a new bullish leg.

So, what are the possible scenarios?

Possible Scenarios for HBAR

Final Thoughts

As always, the market can behave unpredictably. We can identify potential scenarios, but there's never a 100% guarantee.

The optimal approach is to remain flexible, monitor liquidity, and let the price action guide your next move.

To those who consistently follow my analyses, I appreciate your support. I wish you all success in your crypto trading endeavors.