- HBAR followed the expected PO3 setup, but demand zones remain untapped
- The M5 supply zone is crucial—watch for a reaction or breakout!
- If resistance breaks, the M30 supply could be the next major target
In our previous HBAR analysis, we anticipated a Power of Three (PO3) setup—accumulation (red), manipulation (green), and distribution (blue).
As expected, HBAR distributed upward, but unfortunately, it didn’t tap into our demand zones.
Now, the price is sitting at an M5 supply zone, which could trigger a reaction.
HBAR at a Critical Supply Zone
If this M5 supply zone holds, we could see a bearish reaction, leading to potential liquidity grabs.
However, if the price breaks through this level, I’m keeping an eye on the M30 supply above, which could be the next strong resistance.
For now, patience is key—I wouldn’t take any trades unless these zones are reached.
What’s Next for HBAR?
While the chart shows clear levels, nothing is 100% certain.
The market can do whatever it wants, and unexpected moves are always a possibility. This is why risk management is crucial in any trade setup.
Final Thoughts on HBAR’s Price Action
For now, I’m watching how price reacts at these key levels. If it respects supply, we might see bearish pressure. If not, a breakout could be in play. Stay sharp, manage risk, and never trade blindly!
