๐จ HBAR Breakout Alert: Major Momentum Building! ๐จ
Hedera Hashgraph (HBAR) is on fire, with a massive price breakout taking the market by storm. Here's a quick breakdown of the chart and trading opportunities:
๐ Price Surge: HBAR has rocketed past key resistance levels, currently hovering around $0.134.
๐ TWAP (Time-Weighted Average Price): Positioned at $0.111, this is a strong support zone for potential pullbacks and re-entry points.
๐ค MVAH (Maximum Value Area High): At $0.083, this marks a historical high-volume price, which could serve as a deeper support in case of corrections.
๐ต Volume Expansion: Note the increased trading activity; institutional investors may be piling in.
๐ Target Levels: Next resistance at $0.17 and possibly testing $0.20 if momentum holds.
Pro Tip: Scaling orders around TWAP is a smart play here. Use tight stop-losses to manage risk during volatile price action.
๐ฌ Are you riding the HBAR wave? Drop your thoughts below, and don't forget to like, comment, and share for more insights! ๐