$HBAR is hovering near an inflection zone at $0.286, setting the stage for some potentially exciting moves ahead. However, it has to exhibit more momentum towards $0.313.
1. If HBAR manages to break above $0.313, it could spark a fresh wave of bullish momentum, with buyers eyeing the next resistance levels at $0.36 and beyond. This breakout could signal growing optimism in the market (Dashed Green Projections).
2. A clean push past $0.36 might pave the way for a journey toward $0.409, where traders might want to keep an eye out for signs of exhaustion or continued momentum (Solid Green Projections).
3. On the flip side, failing to hold $0.27 could spell trouble for HBAR for short-term. A drop below this level might lead to increased bearish pressure, targeting the next support at $0.217. This scenario could invite short-term sellers to take control and drive prices lower and offer a great opportunity for DCA (Red Projections).
This is a friendly reminder... To be patient, to prepare, to load up, accumulate and hold.
Disclaimer:
The information provided here is intended for informational and educational purposes only. It does not constitute financial or investment advice. Always perform your own research before making any investment or trading decisions.
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