HBARUSDT continues to climb within its upward channel, recently bouncing from the confluence of an upward trendline and prior breakout zone. The structure suggests a bullish continuation pattern is forming, targeting the channel's upper boundary. As long as the price holds above 0.199, bulls retain control with sights on the 0.23 resistance zone.📌 Key Levels
- Support zone: 0.19922 (trendline + previous structure)
- Breakout target: 0.23000 (upper channel resistance)
- Invalidation level: Below 0.19900 (would break bullish trendline structure)
⚠️ Risks
- Breakdown below the blue trendline would weaken momentum
- Price may consolidate if buying volume fades
- Lower timeframe pullbacks can delay breakout
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
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🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.