HBAR Price Prediction: Key Levels and Bearish Outlook

• HBAR's Breakout from Supply Zone: Recent price action broke through a key supply zone, tapping into liquidity on the 4-hour timeframe
• Bearish Scenarios Unfolding: Watch for a potential m15 structure break and retracement into a supply zone with high liquidity levels
• Risk Awareness: Markets remain unpredictable; use this analysis to guide your trading strategy but always manage risk

In our last HBAR update, we discussed its reaction to a supply zone that seemed interesting but lacked significant liquidity beneath it.

And what did it do? It broke through the supply zone, tapping into the liquidity on the 4-hour timeframe. Now, this sets the stage for a potential bearish reaction.

The key question now: could we see HBAR pivot into a downward movement?

What to Watch

Here’s my approach. I’m waiting for an m15 structure break, which is currently bullish. If this happens, it could confirm a shift in momentum.

Following that, a retracement into a supply zone near some liquidity would be a potential setup to watch.

It’s worth noting there’s a lot of liquidity sitting below the current price levels. If a bearish move unfolds, it might target those levels in the short term.

A Word of Caution

As always, remember: the market is unpredictable. Scenarios like these are possibilities, not certainties. It’s crucial to approach trading with a clear plan and risk management strategy in place.

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.