HBAR/USDT H2: Pressure at lows before recovery

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HBAR/USDT H2: Pressure at lows before recoveryHedera / USDTMEXC:HBARUSDTTerminator_Crypto_Analyst🎯 TP1: $0.065693 (+0.63%) β”‚ TP2: $0.066105 (+1.26%) πŸ›‘ SL: $0.064530 (-1.15%) β”‚ R/R: 1 : 1.1 ⚠️ SL is placed beyond the nearest candle tails to reduce the risk of accidental triggering FUNDAMENTAL BACKGROUND HBAR is under pressure following Grayscale's withdrawal of ETF applications, which dampened institutional demand expectations. The lack of fresh project news and the weak overall altcoin backdrop exacerbate the situation. Geopolitical tensions around the Strait of Hormuz add caution, which is negative for risk assets. No significant macro releases are expected in the coming days, leaving the price influenced by technical factors. TECHNICAL PICTURE The price is in the lower 20% of the range ($0.064900–$0.070060), testing the recent low. ADX 38.4 indicates a strong trend with sellers dominating, but proximity to the key support at $0.064900 creates potential for a rebound. EMA 20 and EMA 50 converge at $0.07, forming a resistance zone. MACD and VWAP show neutral dynamics without a clear bias. PROBABILITY MODEL Probability of bullish continuation β€” 35%, flat β€” 35%, bearish reversal β€” 28%. The model assesses confidence at 50%, given conflicting signals: a strong downtrend versus proximity to historical support. DIRECTION 🟒 BUY β€” testing the key support at $0.064900 creates potential for a rebound.