- HBAR got close to the supply zone before continuing its trend
- The demand zone held, but the reaction was weak—lower levels may come into play
- With NFP data dropping soon, volatility could shake things up
In our last analysis, we pointed out that HBAR was leaving supply above while targeting lower demand zones. The short-term trend was bearish on M15, but the broader H1 structure remained bullish.
So, what happened next?
HBAR didn’t quite touch the supply zone but got close before continuing its trend downward. Eventually, it hit the expected demand zone and started to react—but not with the strongest momentum.
What’s Next for HBAR?
Underneath, we have two more demand zones. Given the weaker reaction at the first level, there’s a chance the price might dip lower before making a stronger move. And let’s not forget—Non-Farm Payrolls (NFP) data is coming out soon, meaning volatility is about to spike.
Could this trigger a bigger drop? Or will buyers step in aggressively at lower levels? It’s hard to say with certainty.
The market doesn’t follow a script—it does what it wants, and all we can do is prepare for different scenarios.
Final Thoughts
For now, HBAR is sitting in an interesting spot. The overall structure still leans bullish, but a deeper move into demand can’t be ruled out. As always, risk management is key—let’s see how the market reacts post-NFP!
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