MyCryptoParadise

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

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

💎 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.

💎 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.

💎It's imperative for the price to bounce decisively from the demand area to resume its upward trajectory.

💎 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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