🚨 $HBAR /USDT ALERT: Testing Key Levels! 🚨
Hedera Hashgraph ($HBAR ) is currently trading at $0.29469, showing a slight pullback of -0.92% today. The price is oscillating between support and resistance zones, signaling potential for a breakout or further consolidation.
Key Levels to Watch:
Immediate Resistance: $0.3050 – A breakout above this level could reignite bullish momentum.
Critical Support: $0.2900 – Holding this level is essential to avoid a bearish move.
Major Support: $0.2800 – A breakdown below this zone may trigger significant downside risks.
Short-Term Targets:
1. Target 1: $0.3000 – Testing psychological resistance with upward pressure.
2. Target 2: $0.3100 – Retesting the recent high with a potential breakout.
3. Target 3: $0.3250 – If momentum builds, this level could be within reach for the bulls.
Trade Setup:
Long Entry: Around $0.2950, if support at $0.2900 holds.
Stop Loss: Below $0.2850 to mitigate risks.
Take Profit Levels: $0.3000, $0.3100, $0.3250.
⚠️ Note: With HBAR’s recent high of $0.31453, traders should watch closely for breakout signals or potential retracements. Manage trades cautiously amidst ongoing market volatility.