HBAR has shown strength recently and has become an important daily supply zone. In the last update I mentioned that this area could be a barrier in the short term, and that is exactly what is happening.
Price struggles to break through cleanly, which often means only one thing: a temporary pause before the next move.
Above this supply, there is clear trendline liquidity waiting to be absorbed. The market loves liquidity, and sooner or later the price tends to seek it. But right now there is hesitation, and that could cause a brief setback before moving forward.
If you’ve been paying close attention to HBAR’s structure, you’ll notice that this hesitation isn’t necessarily a bad sign.
The markets need to breathe, and retracements often provide stronger continuation later. I’ve seen this setup happen countless times, with traders getting shaken apart right before the real move starts.
Yet nothing is certain. The price could react in unpredictable ways, and what seems like a simple correction could turn into a deeper move. For now, all eyes are on how HBAR responds to this offer.
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