- HBAR’s Current Position: The price is navigating between crucial support and resistance levels, with liquidity zones indicating potential movement
- Key Scenarios: Watch for signs of liquidity grabs either above or below, which could signal the next major move
- Market Uncertainty: While insights guide decisions, price movements remain subject to unpredictable market conditions
In the previous article, we explored how HBAR reacted impressively to an H4 demand zone previously identified.
This reaction paved the way for the creation of another demand zone, providing a potential buying opportunity for those closely observing the market.
Recent Price Action
What happened next?
The price descended to this newly formed demand zone, giving a strong bullish reaction. This move allowed HBAR to target and take out the liquidity left above, a classic play that highlights the importance of understanding where liquidity resides.
Currently, HBAR is reacting to a supply zone that was not initially marked due to its distance.
Yet, the price has managed to reach this zone, proving once again that the market can surprise even the most meticulous analysts.
Observing Liquidity and Supply
One striking feature of the current market is the scarcity of visible liquidity pockets. This makes it even more critical to stay vigilant and recognize where liquidity is forming. Misjudging this can turn us, as traders, into liquidity for others—a mistake no one wants to make.
Final Thoughts
HBAR’s price action remains a fascinating study of supply, demand, and liquidity.
Watching where the price leaves liquidity next will be key in determining the next move. Remember, the market operates unpredictably, and while we can prepare for possible scenarios, certainty is never guaranteed.
Stay sharp, keep your zones marked, and remember: the market rewards patience and observation over haste and emotion.
Disclaimer: The information provided in this article is for informational and educational purposes only and does not constitute financial, investment, or trading advice. Any actions you take based on the information provided are solely at your own risk. We are not responsible for any financial losses, damages, or consequences resulting from your use of this content. Always conduct your own research and consult a qualified financial advisor before making any investment decisions.
