🌊 $HBAR "dive" below $0.264 – The bulls are temporarily... out of breath 🐂💨
HBAR has just fallen below the Value Area High of $0.264, just as the warning for the supply zone $0.285–$0.3 being a "hell" for the breakout. Although July saw an impressive breakout, this altcoin still hasn't escaped profit-taking pressure.
📉 Indicators like A/D and CMF show that capital is flowing out, suggesting the possibility of prices retreating to the $0.22 zone – an attractive "liquidity magnet" for long-term traders but potentially giving short-term traders... heart attacks.
⚠️ If it breaks below $0.206, the bulls will have to don their defensive armor. Conversely, this could just be a "dive to gain momentum" if BTC doesn't break the support at $112K.
😂 Humorous warning: HBAR may be playing the "backstroke" – it looks like it's sinking, but who knows, it might just spring up and swim fast!
