A break of static resistance is not yet confirmed

We saw that the resistance of the $0.080 to $0.085 range was broken. Importantly, resistance has been placed above this level in the $0.10 range, temporarily blocking HBAR price from further growth.

Therefore, the strong negative reaction that has been observed in the past few days can cause the price to enter the range trend this week.

The resistance support levels drawn on the chart can be considered reactive and important ranges, which can be used for short-term trades in case of the formation of return patterns in the low times.

Also, as long as the bottom of the channel is not broken, there is a potential for the trend to remain bullish in the 4-hour timeframe. A break of static resistance is not yet confirmed and requires daily candles to stabilize above this level.