👑 $HBAR (~$0.0878) | 🚀 LONG
📈 Trend
Trading inside a descending parallel channel but currently finding support at a major confluence zone. Buyers are defending the orange support block, right around the 50% ($0.0880) to 61.8% ($0.0839) Fibonacci retracement levels, attempting to establish a wave (2) or (B) bottom.$ONG
🛒 Trade
Entry: $0.0840 - $0.0880 (Accumulating inside the orange support box)
Strategy: Macro support and Fibonacci "golden pocket" bounce play, targeting a breakout of the yellow descending channel toward the upper red target zone.$D
🎯 Targets
TP1: $0.0980 (Mid-channel resistance / previous structure)
TP2: $0.1100 (Upper yellow descending trendline)
TP3: $0.1250 (Lower boundary of the overhead red target box for wave 3)
🛡️ Risk
Stop: $0.0770
Invalid: A daily close below the 78.60% Fibonacci level ($0.07854) and the bottom of the orange box breaks the bullish Elliott Wave structure.
