🚗 #GateSquareCommunityChallenge# Round 2 — Which coin is not listed on Gate Launchpad❓
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$HBAR – I see a bullish trend, but come on, let's be realistic.
$HBAR shows signs of a bullish reversal, but honestly, I'm a bit skeptical. Yes, the coin held support at 0.2460 and bounced back above 0.2490, but how many of these "promising" bounces have we seen in recent months? Every time it's the same - everyone screams about a reversal, and then silence.
If this buying impulse does not evaporate as usual, the price may reach 0.2580 and even go up to 0.2620. But here I wouldn't get my hopes up - each such level will be met with strong resistance from major players. They are always ready to dump coins when retail starts entering in euphoria.
I would consider such a deal:
Entry: 0.2490 – 0.2520 Target 1: 0.2580 Target 2: 0.2620 Goal 3: 0.2680 Stop-loss: below 0.2440
But remember - no one knows where the market will actually go. If you believe in all these precise levels and follow someone else's trading plans, you will most likely just lose your deposit. I have been burned more than once by such "obvious" setups when the market decided to go in the opposite direction.
And yes, this is just my personal opinion, not a financial recommendation. Risk wisely.
#HBAR #CryptoTrading #AltcoinAnalysis #MarketUpdate #USDT