HBAR faced strong rejection at a key resistance level, leading to a retracement toward crucial demand zones. The immediate buyback zone and the critical point of interest are the key areas to watch, as one of these levels is expected to provide support and validate a potential reversal. The projected upside targets remain unchanged, contingent on price reaction within these zones. Monitor closely for confirmation.
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Price making a good bounce from the immediate buy back zone, we should focus on this and see how it develops.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.