#Hedera - $HBAR

In the last analysis, I said that it was important to be able to make a daily close above 0.254, but the movement above it remained a wick and we saw that it retreated towards support.

The fact that both the small green box and the Daily EMA200 level just below it do not work as support is a negative situation in the short term and may cause a retreat to the 0.164 liquidation level and the bullish order block below it.

Because the FTB block, which has been wicked many times, could not make a new High in the subsequent attempts and indicates that the buyers here are weakening.

If it can make a daily close above 0.195 without losing the 0.179 level, a movement towards the main resistance can be seen again, but for the reasons I explained above, the downward movement I pointed out seems more likely.

In the previous analysis I quoted, I explained at what levels I could consider buying long-term spot, in response to a question in the comments. It might be useful if those who are thinking of making new buys or adding to existing bags could also review my answer there.