$HBAR /USDT Recovery in Progress: Key Levels to Monitor
$HBAR /USDT is trading at $0.28891, showing a rebound from the $0.275 low. Buyers are stepping in, pushing prices toward immediate resistance levels, signaling potential for a trend reversal.
Technical Analysis:
Support Zone: $0.2800 – $0.2850
Immediate Resistance: $0.2900
Key Resistance: $0.3000
A breakout above $0.2900 could confirm upward momentum, paving the way toward psychological resistance at $0.3000.
Trading Signal:
Entry Zone: $0.2850 - $0.2900
Targets:
1. Target 1: $0.2950
2. Target 2: $0.3000
3. Target 3: $0.3050
Stop Loss: Below $0.2800
Market Insights:
HBAR/USDT has delivered impressive gains of 315.37% over the past 30 days and 483.78% in 90 days, highlighting strong long-term bullish momentum.
A move above $0.2900 will signal bullish continuation, with higher levels likely to be tested.
Risk Management Tip: Maintain tight stop losses to minimize risk and lock in profits progressively at key targets.