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since the last readPrice has left the range the coin's last read drew.
Price has left the range the coin's last read drew.
Capitulation to 0.06600 on Oct 29, now a base between 0.06600 and 0.07410, price in the lower third
The setup is bearish while HBAR stays under 0.06854: price has turned at 0.06567 17 times in 100 candles.
Backing it: the weekly chart is down and the indicators favour the sellers' side.
Price is under the 50-day average (0.08645). It is under the 200-day average (0.08044).
The last 5 days are down 3.6%, nearly every high lower than the one before.
Price is 10.2% under 0.07410, the high of the first rebound, and 0.8% over 0.06600, the panic-selling low.
What kills the setup: a daily close over 0.06854, 2.9% away.
For it: price is under the average price buyers have paid since the 0.06427 low, 0.09055, so those buyers are losing money; more trading has happened on down candles than on up ones, so sellers have been the more active side.
Against it: the selling is losing force: price made a lower low, but momentum (MACD) did not follow it down.
While HBAR stays under 0.06854 the setup stays bearish; 0.06600 is the next line it has to break.
A 1D close above 0.06854 ends the floor worn down by repeated tests; the next level up is 0.07112.
A 1D close below 0.06600 breaks down out of the base; the next level down is 0.06427.
0.06600 is the floor — the low this range was set by; price has not come back to it since.
0.07410 is the ceiling — the high this range was set by; price has not come back to it since.
On Oct 29 sellers flushed HBAR to 0.06600, 46% under its 30-day high, on 2.7× normal volume — a selling climax. The bounce that followed ran to 0.07410; sellers came back to test the low at 0.06662 on lighter volume. Since then, HBAR has been building a base inside that swing.
Price is in the lower third of the 0.06600–0.07410 range.
Overhead sits the shelf the crash broke: 0.07496–0.07792, where the fall paused in the week before the capitulation.
The weekly picture: a weekly downtrend, 88% under the all-time high; on the daily, price is below the 200-day average (0.08044), and the 50-day average is above the 200-day average. The daily has no trend of its own.
Against BTC: over the last 5 daily candles HBAR moved -3.6% and BTC -1.2% — HBAR is the weaker chart. Off the panic-selling lows, HBAR is up 1% and BTC -4% — HBAR has bounced harder.
The trend has been the sellers': the weekly chart is down. The indicators pull both ways: MACD shows a bullish divergence — price set a lower low that momentum did not confirm; but price is under the average price buyers have paid since the 0.06427 low, 0.09055, so those buyers are losing money.
| Level | Price | From price | Role |
|---|---|---|---|
| Swing high | 0.07449 | +12.0% | swing, read edge |
| Read ceiling | 0.07410 | +11.4% | read edge |
| Weekly open | 0.07175 | +7.9% | calendar |
| Golden pocket | 0.07112 | +6.9% | golden pocket, swing |
| Fib retracement | 0.07020 | +5.5% | fib, sr |
| Fib retracement | 0.06928 | +4.1% | fib, sr |
| Swing high | 0.06854 | +2.7% | swing, read |
| Order block | 0.06790 | +2.1% | order block, calendar |
| Resistance | 0.06719 | +1.0% | calendar, sr |
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