Hedera Hashgraph: Balancing ActHedera Hashgraph’s HBAR continues to hover just above the $0.17 support level, moving within an increasingly narrow sideways range. If the price breaks sustainably below this red line (38% probable), the green corrective wave alt. will establish a new low. Our primary assumption, however, remains that the green wave was already completed with the late February low, at the upper boundary of our now grayed-out Target Zone. If this assumption holds and buying pressure returns soon, HBAR should rally above the $0.39 resistance during the green impulse wave .
Hbarforecast
Hedera Hashgraph: Sharp DropWithin just a few hours, HBAR dropped sharply by around 20%, plunging deep into our green Target Zone between $0.29 and $0.22, a range we identify as suitable for long entries. This move marked the low of the green corrective wave 4. During the current impulsive wave 5, we expect a swift recovery toward the recent high at $0.39 and potentially beyond. In our short-term alternative scenario, further selling pressure could momentarily push the price below the support at $0.23 (with a 35% probability). But even in the case of such an extended correction, HBAR would remain within an overarching bullish upward structure.