HBAR/USDT Long Setup🟢 HBAR/USDT Long Setup 🟢
🔹 Entry: 0.181
🔹 Take Profit: 0.273
🔹 Stop Loss: 0.16
🔹 Risk/Reward: ~4.3R
🎯 Idea:
HBAR is sitting at a key support level, showing signs of accumulation with multiple daily candle wicks rejecting the lower zones. The EMAs are stacked bearishly, but price is consolidating at a long-term demand zone, increasing the probability of a breakout.
⚡️ Bullish Triggers:
1️⃣ Multiple rejections of the 0.18 zone suggest strong demand.
2️⃣ Volume profile hints at absorption—sellers are getting exhausted.
3️⃣ A move above 0.196 could trigger momentum buyers, confirming the uptrend.
⚠️ Bearish Risks:
If BTC dumps, alts will likely follow.
Breakdown below 0.17 invalidates the setup.
Lack of volume could result in a slow grind rather than a clean breakout.
📌 Plan:
If price gains strength above 0.196, I might look to add more.
If we struggle to hold above 0.20, I’ll watch for weakness and consider trailing SL.
A clean break of 0.22 could accelerate the move towards TP.
Fingers crossed! Let's see how this plays out. 🚀