📈 $HBAR /USDT Technical Analysis – Solid Bullish Momentum

Current Price: $0.29224 (+5.88%)

24h High: $0.30460

24h Low: $0.27242

24h Volume: 487.07M HBAR ($139.67M USDT)

Price Action:

$HBAR /USDT is currently experiencing solid upward momentum, up 5.88% in the last 24 hours. Trading at $0.29224, it has recently tested resistance at $0.30460, showing a strong bullish move.

Support Levels:

Primary Support: $0.27242 – This level could act as a solid support zone in case of a retracement. Buyers may look for potential entries near this area.

Secondary Support: $0.27026 – If the price drops further, this level could provide more buying opportunities for those anticipating a bounce.

Resistance Levels:

Primary Resistance: $0.30460 – A key resistance point. A breakout above this could lead to further gains, potentially testing the $0.30624 level.

Upper Resistance: $0.30624 – A higher resistance level to watch if the price continues its bullish trend.

Indicators:

Volume: Strong volume supports the ongoing bullish trend, indicating that market participants are actively buying HBAR.

Momentum: The price action suggests bullish momentum, but breaking the resistance at $0.30460 is key for further upside potential.

Outlook:

HBAR is showing positive signs with upward momentum. If it manages to break above $0.30460, the next level of resistance could be $0.30624. Traders should keep an eye on these levels for potential breakout opportunities.

👉 Watch closely for breakouts and support retests in the HBAR/USDT pair. Trade HBAR/USDT on Binance now!

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