HBAR/USDT Keep an eye in key area. Could HBAR Bounce from here ?

💎 HBAR has recently experienced significant market developments. Positioned at a critical demand zone, HBAR needs to secure a bounce from this level to resume its upward trajectory.

💎 A positive indication would be observed in the daily close, with a bullish candle rejection, probability signaling HBAR's attempt to resume upward movement and reach our targeted strong resistance area.

💎 However, failure to sustain at this demand level could be concerning, as it would signify a breach of a crucial area. This could prompt a reversal to downward movement, with the next support level located at 0.057.

💎 To continue upward momentum, HBAR needs to bounce from the support area and reclaim the region above the demand area. In the absence of positive signals, a prolonged sideways movement may lead to HBAR losing support, initiating a downward movement towards the robust demand area.

Trade closed: target reached:

Nailed it again - #HBAR is up 79.44%, right on cue!