🚀 Technical Analysis: $HBAR /USDT
Current Price: $0.31137 (+0.28%)
Timeframe: 30-min chart (Binance)
🎯 Key Targets:
1. Target 1 (Immediate Resistance): $0.3200
A move above this level could indicate a bullish recovery and attract short-term buyers.
2. Target 2 (Mid-Term Resistance): $0.3350
If momentum sustains, this level is a critical mid-term target for profit-taking.
3. Target 3 (Major Resistance): $0.3500
A breakout above this psychological level confirms a strong uptrend and potential long-term rally.
🔻 Support Zones:
Immediate Support: $0.3050
Holding this level is essential for preserving the current bullish structure.
Critical Support: $0.3000
A breach below this could signal a bearish continuation.
📈 Strategy:
Entry Zone: Accumulate near $0.3100–$0.3120, or wait for a breakout above $0.3200.
Profit Zones: Secure partial profits at $0.3200, $0.3350, and $0.3500.
Stop Loss: Place below $0.3000 to manage risks.
🔍 Insights:
Trend: Currently consolidating after a pullback.
Volume Analysis: Look for increased buying volume for confirmation of breakout potential.