Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion.defended its Q3 support of $0.0460, but further upside faced crucial obstacles. Besides, a spike in price volatility is expected this week from September’s US CPI data release on 12 October.Since September, the bulls’ only worry was the roadblock at $0.0520. The hurdle was a previously invalidated bullish order block of $0.0518 – $0.
The rebound seen at press time from Q3 support hit another hurdle and a daily bearish OB of $0.0476 – $0.0486 . A price rejection at this obstacle could drag HBAR lower to retest the Q3 support again. If so, such a move could present modest shorting gains.
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