🚨 $HBAR Short Setup — Distribution Phase After Failed Recovery Rally
📌Trade Setup (Short Bias)
Entry Zone: 0.08908 – 0.08954
Stop Loss: 0.09042
Target 1: 0.08670
Target 2: 0.07609
📊Market Structure
HBAR is showing a corrective structure after a sharp volatility spike and failed upside continuation. Price printed a strong rejection near the recent swing high, followed by consolidation below key supply zones. The structure currently reflects lower highs and weak follow-through from buyers, suggesting the market is transitioning into a distribution-to-downside continuation phase rather than a fresh bullish expansion.
📈Technical Details & Key Levels
Immediate Resistance: 0.0904 – 0.0938 (intraday supply zone)
Major Resistance: 0.0980 – 0.1000 (previous impulse high and liquidity sweep zone)
Key Support 1: 0.0867 (short-term demand and TP1 zone)
Key Support 2: 0.0760 – 0.0720 (macro demand base and TP2 zone)
Invalidation Level: A sustained reclaim above 0.0940 would weaken the bearish structure
🪧Outlook
Bias remains bearish to neutral while price stays below the 0.090–0.094 supply region. A short-term pullback could occur, but failure to reclaim higher structure favors continuation toward deeper liquidity pools near 0.076. Caution is advised around BTC volatility, as a strong BTC bounce could trigger temporary HBAR relief rallies before continuation.