Here is the main support level that HEDERA (HBAR) can be brought back before recovery star-news.press/wp

Main meals

HBAR bulls should be careful not to drop the price to the near liquidity pocket. The decrease in this demand area will follow a bullish reflection, provided that Bitcoin remains above $ 112,000 as well.

HEDERA (HBAR) returned to less than the value of the value at $ 0.264. This VAH was drawn using a fixed -size profile, using the price procedure from the beginning of the year to the time of pressure.

In a previous analysis, Ampcrypto noted that $ 0.285 to $ 0.3 was a major HBAR supply area.

This has proven true again. Altcoin was unable to mobilize power to more than $ 0.3, which made it a brief time higher at $ 0.305 on July 27 before declining.

However, the long -term market structure was optimistic after the strong gains observed by the distinctive symbol in July.

HBAR traders, two goals to hunt liquidity

Source: HBAR/USDT on Tradingview

FRVP was highlighted and $ 0.234 was supported on the price chart for one day. The structure was still bullish, as the price was not divided less than a higher level at 0.223 dollars.

The movement of price and technical indicators has shown that the upward force may diminish.

The A/D index was unable to create a bullish trend, reflecting the steady demand on altcoin. Likewise, CMF has also fell below -0.05 in recent days.

This showed large flows of capital from the market.

Source: Coinglass

Ambcrypto expects a decrease in the price to $ 0.22 or a little less soon. Investors can back down, while traders may want to stay.

The accumulation of liquidity at a region of 0.218-0.223 since mid-July has made it a strong magnetic area.

HBAR prices are very likely to decrease, although this decrease may be short. The long -term expectations will remain upward. The decrease of less than $ 0.206 will be a reason for traders and investors.

In this scenario, it will be a more conservative look.

This deep will be expected if Bitcoin (BTC) fails to defend the subsidy zone of $ 112,000 and less than $ 110,000 in the coming days.

Responsibility: The information provided does not constitute financial, investment, trading or other types of advice, which is just the opinion of the writer