Hey traders!
Let’s dive into HBAR (Hedera), one of the most exciting projects right now. 🇺🇸 With the massive potential of this American-based company, combined with the growing buzz around the possibility of Trump’s presidency and the recent ETF approval, HBAR is definitely a coin to keep on your radar.
1️⃣ Impressive Price Surge – HBAR recently saw a significant rally, showing just how much potential this project has. The momentum is real, but the question is: Can we hold these gains?
2️⃣ Golden Pocket Support – As of now, we’re seeing price action holding at the Golden Pocket on the Fibonacci retracement. This is a critical support level, and if it holds, we might see a bounce from here to push higher.
3️⃣ Demand Zone Fill – However, there’s another scenario. We could see a deeper retracement into the demand zone, which would bring us down to the 0.786 Fibonacci level. This could be a great opportunity to buy at a better price if you’re looking to enter.
So, what’s your move? Will the Golden Pocket hold, or are we heading for a deeper retracement?
Let’s hear your thoughts! Drop them in the comments below, and don’t forget to follow for more updates on HBAR and other key altcoins.
Happy trading, everyone!