MyCryptoParadise_Simon

HBAR/USDT bullish turnaround from demand?

Long
BINANCE:HBARUSDT   Hedera Hashgraph / TetherUS
πŸ’Ž Paradisers, turn your attention to #HBARUSDT for a promising trading opportunity, signaling a potential bullish surge from a key demand level.

πŸ’Ž In recent times, #HederaHashgraph has consistently adhered to a descending channel pattern. Currently, as the price nears the demand level of $0.0976, maintaining momentum here could significantly increase the likelihood of a bullish ascent, aiming to overcome the overhead strong supply zone.

πŸ’Ž Should the momentum for HBAR begin to falter, we're prepared to seek a vigorous rebound from the crucial demand level located just before the demand zone at $0.0871.

πŸ’Ž Falling beneath the critical demand level of $0.0871 would call for an in-depth reassessment of our trading approach. Such a development would indicate difficulties in sustaining bullish momentum, necessitating a strategic adjustment to align with the evolving market landscape.

Trade closed: target reached:
πŸ’Ž Just as predicted, #HBARUSDT up a smooth 47.87%!
Comment:

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