- HBAR’s recent pump was fueled by liquidity grabs—textbook price action
- Price needs to accumulate before the next major move—watch for retracement or continuation
- Liquidity zones above and below will dictate market direction—stay patient and trade smart
HBAR has been making some exciting moves lately, and if you’ve been following our previous analysis, you already had a solid roadmap.
Last time, we pointed out how HBAR was leaving liquidity both above and below.
And what did the price do? Exactly what we anticipated—it grabbed the liquidity above first, then dropped lower, tapping into key demand zones before skyrocketing.
But why did this move happen? Liquidity.
Understanding Liquidity: The Key to HBAR’s Price Moves
For those of you who are veterans in reading liquidity, this should be nothing new. But for anyone catching up: liquidity zones are areas where a lot of pending orders exist, either stop-losses or take-profit orders. Market makers target these areas to fuel their positions.
- HBAR first faked a reaction at the first demand zone but then dipped further to grab liquidity sitting under a trendline.
- Just before hitting our M15 demand zone, the price reversed violently, shooting up with aggressive momentum.
- Why? Because above the price, there was a pool of liquidity waiting to be taken.
What’s Next for HBAR? Retracement or Continuation?
After such a strong impulse move, the market needs to cool off. We’ll likely see a period of accumulation before the price decides whether to:
- Retrace to a new demand zone before continuing higher.
- Keep pushing up, targeting more liquidity levels above.
As always, we don’t trade based on certainty—only probabilities. These are potential scenarios, not guaranteed outcomes. HBAR could still surprise us, so stay adaptable.
Looking to capitalize on these moves? Trade HBAR with zero fees on Weex! A reliable exchange with deep liquidity and lightning-fast execution. Sign up here and start trading today!
Key Takeaways:
- HBAR first grabbed liquidity above, then dropped to scoop liquidity below before exploding upwards.
- Liquidity zones dictate market moves, and HBAR’s reaction was textbook.
- Now, we wait for accumulation to see if price retraces or keeps up the momentum.
What do you think? Will HBAR retrace or keep climbing?
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. Read more
