- HBAR dropped 20% after hitting a supply zone, clearing liquidity below
- Price is now near demand zones—a potential bounce could be coming
- Markets are unpredictable—patience is key before jumping in
In our last analysis, we discussed how HBAR was sitting at a 30-minute supply zone, and we expected a potential reaction.
And guess what? That’s exactly what happened. The price dropped hard from that level, losing over 20% of its value while sweeping all the liquidity left below.
But what’s even more interesting is how it played out. If you zoom into lower timeframes, you’ll notice something crucial.
Before tapping the supply, HBAR accumulated liquidity on both sides, then manipulated price action straight into the supply.
This is a textbook example of the Power of 3, where price first builds liquidity, then gets manipulated into a key level before reversing.
Now that we’ve seen this move unfold, where do we go from here?
HBAR Analysis: The Next Demand Zones to Watch
Looking at the 2-hour chart, here are the demand zones I’m keeping an eye on:
- First demand zone: This level could trigger a short-term bounce, but I wouldn’t expect a major reversal from here.
- Second demand zone: This one is more interesting. If HBAR drops into this level, we could see a stronger reaction with potential for a bigger recovery move.
Of course, nothing is guaranteed. Price can do whatever it wants, and markets are unpredictable. But based on liquidity and structure, these are the levels that make the most sense to me.
Final Thoughts
HBAR played out beautifully, reacting exactly as expected from the supply zone and taking out the liquidity below. Now, we’re watching the demand zones to see if bulls step in.
If you’re looking to trade HBAR, patience is key. Let the market come to you instead of chasing moves. And if you’re on Weex, you can take advantage of the platform’s advanced tools to manage your trades effectively.
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. Read more
