- HBAR reacted to the M5 demand zone but lacked strong bullish momentum, signaling that sellers may still dominate
- A further drop remains possible unless buyers step in with high volume at key demand levels
- Watching critical supply and demand zones can help determine the next major price move
In our last analysis, we discussed two potential scenarios for HBAR—either a reaction after grabbing liquidity or a bounce from the M5 demand zone.
What happened? The price dropped straight into the M5 demand, and we did see a reaction to the upside. But here’s the catch: it wasn’t the kind of explosive reaction we usually expect.
Instead of strong bullish candles with volume backing them up, the movement was weak, hinting that sellers might still have the upper hand. So, what’s next for HBAR?
HBAR’s Next Move: Key Levels to Watch
Looking at the current price action, there are two key zones I’m watching:
- A long setup if the price revisits a strong demand zone with confirmation.
- A short setup if sellers step in at a key resistance or supply zone.
The market structure suggests that further downside is still possible. If sellers remain in control, we could see HBAR continue its descent before any real bullish momentum kicks in.
Unpredictability in Crypto Markets
As always, no prediction is 100% certain. The market can shift at any moment, and price movements don’t always follow a textbook pattern. While these setups present possible trade opportunities, it’s crucial to stay adaptable and react to price action in real-time.
What do you think? Are we in for another leg down, or will HBAR finally show some strength?
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
