HBAR · 1H · SIDEWAYS
The previous long from my October 8 read was invalidated before it triggered — price closed below 0.0925 and then traded through 0.0909, so that setup is dead. What I'm looking at now is a chart that flushed all the way to 0.0876, then recovered hard. Price has climbed back through the EMA cluster — all four MAs are bunched tightly between 0.0930 and 0.0939, with price sitting right on top of them at 0.0934. The structure from the left side of this chart shows a tight band between roughly 0.0920 support and 0.0955–0.0960 resistance, and that is exactly the range price is chopping in right now. I'm not taking a side here — there's no clean entry from the middle of this range with the EMA cluster compressed beneath price and a dense liquidation cluster sitting at 0.0960 just above. The daily trend is up, which keeps me leaning long on any clean structural signal, but this 1H chart needs to show me something first.
LONG (CONDITIONAL) SCENARIO
Confirmation
0.0930
A pullback into the EMA 9/20 cluster (rising, around 0.0930–0.0937 today) holds on a closed 1H candle with no close below 0.0920, then a close above 0.0955 confirms bullish structure resuming with the daily trend.
Invalidation
0.0891
Close below 0.0891, which trades through the dense liquidation cluster below and takes out the base of the recovery structure.
Target 1
0.0960
Dense liquidation cluster above; first magnet and waypoint, with the real structural objective beyond it.
Target 2
0.1006
Next liquidation cluster above 0.0960; the meaningful structural target once the near-term supply is cleared.
Risk/Reward
(0.1006 − 0.0955) / (0.0955 − 0.0891) = 0.0051 / 0.0064 = 0.8:1 on T2 from the breakout trigger — tight, so I'm sizing this entry through the pullback hold, not the breakout: (0.1006 − 0.0920) / (0.0920 − 0.0891) = 0.0086 / 0.0029 ≈ 3.0:1
Resistance: 0.0955–0.0960 (prior swing highs, dense liquidation cluster) / 0.1006 (liquidation cluster)
Support: 0.0920 (range floor, multiple touches) / 0.0891 (dense liquidation cluster)
This is not financial advice. Content is AI-generated.