HBAR has completed the leading diagonal structure as projected in our earlier analysis. Currently, waves 1 and 2 of the ongoing impulse cycle are confirmed, with wave 3 in progress.
The focus remains on the immediate support zone as a potential re-entry area, aligning with the projected wave 3 target indicated on the chart. Post wave 3 completion, a corrective phase is expected before the final leg of the current cycle unfolds.
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Trade ativo
HBAR/USDT on the daily timeframe is breaking out of a bullish pennant, presenting an excellent buying opportunity. The immediate target aligns with the nearest resistance level. Additionally, the 1-week timeframe highlights the broader market structure, revealing its potential long-term target.
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