Here's your updated analysis for the $HBAR /USDT 30-minute chart:
🔴 Current Price: $0.29243 (-6.52%)
📉 Market Trend: Bearish, testing a potential reversal zone.
Entry Levels:
Long: $0.2920 (Above key support)
🎯 Targets: $0.3000, $0.3050
🔒 Stop Loss: $0.2850
Short: $0.2900 (Below breakdown level)
🎯 Targets: $0.2800, $0.2750
🔒 Stop Loss: $0.2970
Pattern Insights:
The market is currently in a bearish descending trend but is approaching a potential double bottom near $0.2900. A breakout above $0.2920 could signal bullish momentum, while failure to hold support at $0.2900 might lead to a continuation of the downtrend.
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