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A lot of people just got fooled pretty badly by those small pullbacks earlier. $HBAR Even though the key level above hasn’t been resolved, some people still think they can keep pushing higher. What I’m watching during the session is actually simple: as long as the move up lacks volume, the bids aren’t firm on acceptance, the longer price chops sideways at the high, the more worth it it is to watch the probability of settling to the downside.
I’ve already noticed this area earlier: HBAR has been repeatedly testing around 0.08855, and every time it tries to surge, it can’t cleanly hold above—once the sell orders get hit, it falls back. This isn’t ordinary range trading. It’s that bullish momentum is actively weakening, and the shorts have started gradually taking over the order book.
Now the current price is 0.06777. This short position is up 1665.91%, and the extension is obvious—so the timing has basically played out. If you have a position, don’t just focus on the enjoyment—taking profit in batches with an 80/20 split is safer. Use the remaining part with a protective level to manage it, so you don’t let the gains give back heavily.
If you miss it, don’t worry—don’t chase. Wait for the next opportunity to make a move.
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