HBAR/USDT Next Possible Move? HBAR Analysis Today

٩ نوفمبر ٢٠٢٣

💎Yello, Paradisers! take note of the promising setup with HBARUSDT as it positions itself for a potential leap beyond its current confines.

💎Hedera has been diligently testing the limits of a descending trendline, regularly challenging the supply level but not yet securing a breakthrough. The building momentum now hints at a ripe opportunity for HBAR to shatter the supply barrier and aim for the subsequent major supply zone.

💎If HBAR finds itself unable to break through the supply, we're looking at a likely bullish resurgence from the demand level at hand. This bullish sentiment is further supported by an RSI divergence, which suggests a bullish undercurrent.

💎Nevertheless, if HBAR dips below the demand level, we could see a shift towards a bearish trend heading to the support level. Keep a close eye on these pivotal levels as the situation develops.