$HBAR

HBARUSDT

Perp

0.08844

+1.05%

An interesting picture is forming on HBAR. We are currently seeing accumulation in the form of a descending rectangle, from which statistically more often breaks occur upwards.

Additionally, the asset has already tested the Value Area High (VAH), which is the upper boundary of the fair price zone where the main volume occurred. From this zone, we can expect a reaction from buyers.

If we see a breakout above the upper boundary of accumulation, then I will expect an impulsive movement to the high at $0.1126. For now, the situation looks technical, and a breakout confirmation will give even more confidence in the growth.