$HBAR is at a key decision point.
Price is hovering around 0.10 and approaching resistance near 0.11 after breaking the downtrend line. That breakout is important — it signals that the short-term structure could be shifting bullish.
Here’s how I’m seeing it:
Scenario 1 – Bullish:
If price holds above 0.10 and buyers stay active, a quick push toward 0.11–0.12 is likely.
Scenario 2 – Rejection:
If price gets rejected at 0.11, it could pull back toward 0.095–0.09, the key support zone.
I’m watching price reaction at resistance to decide which side to favor. Structure and momentum will guide the next move.
Trade Setup – LONG (on support hold)
Entry Zone:
0.100 – 0.102
Target Points:
TP1: 0.110
TP2: 0.115
TP3: 0.120
Stop Loss:
0.096 (below recent swing low)
Trade Setup – SHORT (on rejection at resistance)
Entry Zone:
0.109 – 0.111
Target Points:
TP1: 0.102
TP2: 0.098
TP3: 0.095
Stop Loss:
0.113 (above resistance)
Why This Setup Works
I’m trading with structure and clear risk:
• Breaking the downtrend shows bulls are ready to step in — long trades favor continuation above support.
• Resistance at 0.11 is a logical spot for rejection if buyers fail to push through.
• Defined entry zones and stop losses keep risk under control.
• Targets align with prior highs and key liquidity zones.
Hold above support = bulls in control. Reject at resistance = pullback likely. I’m letting the market tell me which path to follow.