HBAR/USDT Will It Bounce at the Crucial $0.0985 Demand Area?

6月7日

💎 HBAR is showing some notable activity, with a potential retest on the horizon at the demand area around $0.0985.

💎 The key question is whether it will bounce up from this level or break through it. Historically, HBAR has often bounced back upon reaching this area, suggesting it might repeat this pattern.

💎 For HBAR to continue its upward journey, it must overcome the resistance at $0.124. Failure to breach this resistance could send the price back down as it gathers momentum for another try.

💎 On the downside, if the demand area fails to support HBAR and it breaks through, we could see it move towards the Bullish Order Block (OB) area to gather significant momentum, similar to previous patterns. HBAR must maintain above the OB area, which is pivotal for its trajectory.

💎 The bullish scenario becomes invalid if HBAR closes a daily candle below the OB area at $0.0878. Such a move could signal further dips in the price.

MyCryptoParadise
iFeel the success🌴