- HBAR’s price is sitting on a demand zone with early signs of bullish momentum on lower timeframes
- Liquidity zones below and above are critical; watch for potential fakeouts
- Understanding break-even strategies is crucial to protect trades in this volatile setup
In yesterday’s article, we nailed a wild price prediction. The supply zone we identified above liquidity caused a dramatic price collapse—exactly as expected. Not only that, but we also spotted an interesting demand zone where the price could react.
And if you’re a regular reader of my analysis, you already know why that demand caught my attention. If not, let me explain.
Why Was That Demand Zone Key?
The movement that created the demand zone first manipulated the price in the opposite direction. It swept liquidity and was followed by a surge of volume.
This means that when the price returns to that area, it often faces the same buyers that drove the price up initially—leading to a reaction.
That said, it’s crucial to understand how to use break-even effectively.
What Is Break-Even and Why Is It Important?
Break-even is a protective measure. Essentially, it’s a point where you move your stop-loss to your entry price, ensuring you don’t lose anything if the market turns against you.
Why is this key? Because while the price might react to a demand zone, sometimes the reaction doesn’t pan out as desired. Break-even protects you from unexpected losses while giving the trade room to develop.
Current Price Action on HBAR
Zooming into the M5 timeframe, HBAR is sitting on a demand zone and showing signs of breaking structure at lower timeframes.
This could signal a potential bullish move. However, watch out for liquidity below—personally, I’d wait to see it taken out first.
The target? The liquidity sitting above, left behind by the current price movement.
Final Thoughts
Remember, we’re not dealing in absolutes here. The market can do whatever it wants, moving unpredictably. The scenarios I’ve laid out are possibilities, but nothing is guaranteed. Always manage your risk, keep an eye on liquidity, and be prepared for surprises.
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.
