MyCryptoParadise

HBAR/USDT Break Alert!! Indicating Bullish Momentum for HBAR.

BINANCE:HBARUSDT   Hedera Hashgraph / TetherUS
๐Ÿ’ŽHBAR has recently displayed noteworthy market dynamics, breaking out of the Adam and Eve pattern, signifying a reversal from bearish to bullish sentiment.

๐Ÿ’Ž Currently, the price is undergoing a retesting phase at the support level, which previously acted as resistance. This phase is crucial before any further upward movement, probability leading to reaching our target area.

๐Ÿ’Ž However, if HBAR fails to bounce during this retesting phase, or worse, breaks down below the support area, the price may revert to a downward trajectory, heading towards the demand area.

๐Ÿ’ŽIt's imperative for the price to bounce decisively from the demand area to resume its upward trajectory.

๐Ÿ’Ž Failure to do so, or a breakdown below the demand area, would raise concerns about continued downward movement. In such a scenario, the price could retreat further towards lower levels.

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