HBAR/USDT Analysis – What I’m Watching Next
Hey guys,
So, I was going through the HBAR/USDT 1-hour chart, and there are some interesting setups forming that I wanted to share with you. Let’s break this down together—nice and simple, step by step!
What’s Happening on the Chart?
First, take a look at the demand zone at the bottom (highlight the red zone). This is where buyers stepped in strongly in the past. If the price comes back here, there’s a good chance we could see a bounce again.
Now, notice these BOS (Break of Structure) points on the chart. Every time we see a BOS, it tells us that the market’s trend is shifting. These are important because they help us plan our next move.
Also, look at this blue trendline—the price has been trending downwards, but it’s coming closer to a Point of Interest (POI) near the demand zone. This is a critical area where we need to watch what happens next.
What Could Happen Next?
I see two possible scenarios:
Bullish Setup:
If the price respects the demand zone and starts moving up, we could aim for the supply zone around $0.33532.
To confirm this, I’d wait for a clear breakout above the POI or a strong bullish candle like an engulfing pattern.
2.Bearish Setup:
On the flip side, if the demand zone fails and the price drops below $0.25479, we might see further downside.
In this case, I’d wait for a clean break below the zone before considering any short trades.
How I’m Planning to Trade This
For me, it’s all about waiting for the right confirmation. No rush. I’m keeping an eye on how the price behaves near the demand zone.
If it bounces: I’ll look for buying opportunities with a stop loss just below the zone.
If it breaks down: I’ll step back and wait for a clear breakout to the downside before making any moves.
💡 Tip: Always watch the volume when price approaches key levels. If the breakout happens with strong volume, it’s more likely to be a reliable move.
depend on btc move
Final Thoughts
This setup has a great reward-to-risk ratio if we get the confirmation we’re looking for. I’ll be watching closely over the next few hours to see how this plays out.
What do you guys think? Are you bullish or bearish on HBAR? Let me know your thoughts in the comments—I’d love to hear your analysis too!
Let’s trade smart and stay disciplined.
#HBARUSDT $HBAR