In our last HBAR analysis, we discussed how the price was leaving liquidity below and could climb after a solid liquidity sweep—and that's exactly what happened!
HBAR respected our liquidity analysis and dipped to grab a portion of the liquidity before reversing to the upside.
Now, as the price approaches an interesting demand zone, there might be an opportunity here.
Could be a good entry to try and touch the liquidity above.
If HBAR respects the demand and starts climbing, we could see a push toward the liquidity left above. If that liquidity remains intact, the chances of a breakout increase.
If demand fails, the price could continue lower to hunt for deeper liquidity pools before making a move.
One thing remains true - certainty doesn’t exist in trading. The market can shift unpredictably, so risk management is key.
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