📊 $HBAR /USDT Technical Analysis Update
Current Price: $0.25418 (-4.75%)
🔍 Analysis:
$HBAR is experiencing downward pressure, with a significant rejection at $0.28300 and finding short-term support around $0.24972. The market shows potential for a bounce but remains within a consolidation zone.
🎯 Targets:
1. Immediate Target: $0.26500 - Recovery bounce to test minor resistance.
2. Secondary Target: $0.27500 - Key level to regain momentum.
3. Long-term Target: $0.30000 - Significant bullish breakout above major resistance.
📉 Support Levels:
$0.25000 (critical short-term support)
💡 Trading Strategy:
For short-term traders, monitor for a rebound at $0.25000 and secure profits near $0.26500.
For long-term investors, consider accumulating near the $0.25000 zone, with an eye on a breakout toward $0.30000.
Set a stop-loss slightly below $0.24900 to mitigate downside risks.
📈 Market Outlook: A breakout above $0.27500 could trigger a bullish rally, but watch for confirmation with volume.