🚨 $HBAR Surges Over 36% – Key Levels to Watch! 🚨
Hedera ($HBAR ) is showing a massive spike, currently trading at $0.34836, up by 36.61% in the past 4 hours. After reaching a 24-hour high of $0.39220, the price is experiencing some consolidation, signaling the potential for its next major move.
Key Levels to Watch:
Immediate Support: $0.31000
Holding above this level is critical for maintaining bullish momentum. A break below could lead to a retracement.
Major Resistance: $0.39220
This is the current high and a critical level. A breakout above this could lead to significant upward momentum.
Three Targets for Traders:
1. Target 1: $0.40000 – A psychological level likely to attract short-term profit-taking.
2. Target 2: $0.42000 – A key resistance area confirming extended bullish momentum.
3. Target 3: $0.45000 – A major milestone signaling a potential rally continuation.
Trade Setup:
Long Entry: Above $0.39220, targeting $0.40000, $0.42000, and $0.45000.
Short Entry: Below $0.31000, targeting $0.29000 and $0.25000.
Stop Loss: Place at $0.34000 to minimize downside risks.
HBAR is displaying strong momentum, making it a top pick for traders seeking potential gains. Keep an eye on these critical levels!
