HBAR has been in a sideways phase for over a week now

HBAR has been in a sideways phase for over a week now, and if you're familiar with Power of 3, you know what might be coming next.

"HBAR has been stuck in a sideways phase for over a week now, and if you’re familiar with Power of 3, you know what might be coming next. Let’s break it down.

HBAR Analysis: Understanding the Market Phase

If you’ve been keeping a close eye on HBAR, you’ll notice it’s been accumulating in a tight range for more than a week on the H2 timeframe. This type of price action usually follows a three-phase cycle:

Recently, we’ve seen HBAR quickly decrease in price, collecting liquidity at lower levels. After touching support, the price bounces back up. This is a common strategy used in market manipulation.

Now, the big question is: Will HBAR move quickly upwards to distribute gains after accumulating in a tight range?

HBAR Price Prediction: Key Levels to Watch

Right now, the price is adjusting to move out of the accumulation zone. Here are some key observations:

If HBAR manages to break through the resistance level, we could see a rapid bullish move as traders who bet against the price (shorts) get liquidated.

If the price fails to break out of the accumulation zone, another sweep through lower levels of liquidity could occur. Only after that might we see the beginning of a rally.

Volume is crucial for determining the strength of any move. A breakout with high volume indicates a real change in price trend, while low volume could mean another fakeout.

Market Uncertainty & Trading Mindset

It’s impossible to predict the market with 100% accuracy. While the Power of 3 pattern suggests a possible breakout, it’s crucial to be prepared for anything.

The market can be quite unpredictable, and HBAR might decide to collect liquidity from lower levels before making any significant move. That’s why it’s always best to wait for clear confirmation before making any major trading decisions.

Final Thoughts: What’s Next for HBAR?

HBAR is at a critical point. If the market follows the usual pattern of Power of 3, we might soon see a large move in one direction. However, if there’s more manipulation to come, we could see another sweep through lower levels of liquidity before any bullish action begins.

Stay alert, be patient, and never trade more than you can afford to lose.

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