$HBAR is Heating Up! Bulls are Back in Control—What’s Next🤔🔐👇
Current Price: $0.1970
Timeframe: 1D & 2H Charts
Trend Bias: Bullish
Formed Candle & Chart Pattern Analysis:📊
$HBAR has broken significant resistance at the $0.1876 level with a strong bullish candle formation on the daily chart. A clean Break of Structure (BOS) was visible on the 2H chart with higher highs and sustained support from EMAs—signaling strength from bulls.
Why Bullish?🤔🔥
👉Price has reclaimed the 200 EMA on the 2H and is testing a key supply zone around $0.1970.
Daily momentum remains positive post CHoCH (Change of Character) and is moving toward the next major resistance.
Stochastic RSI remains moderately bullish—indicating room for another leg up.
Key Zones to Watch:🔑📉
Immediate Resistance: $0.1975–$0.2000
Support Zone: $0.1876–$0.1834
Daily MA Confluence Zone: $0.1736–$0.1830 (Strong Support Area)
Takeaway:👨🏫
$HBAR is showing a potential breakout continuation setup. Sustained move above $0.1975 could open the gates toward $0.2150 and beyond. However, rejections in supply zones may trigger short-term pullbacks for dip buying opportunities.
👨❤️👨"The patient trader earns not from speed, but from precision and discipline."
Disclaimer:⚠️
This is not financial advice. Do your own research before investing. Trades are subject to market risks.