$HBAR /USDT Trading Signal - Testing Support at 24H Low

Current Price: $0.28395

24H Range: $0.28367 - $0.33010

Analysis:

HBAR is trading near its 24H low of $0.28367 following a sharp sell-off. With EMA(7) at $0.28865 and EMA(25) at $0.29886, the short-term trend remains bearish. However, the current level could act as a crucial support zone for a possible bounce.

Potential Setup:

Entry Zone: $0.28350 - $0.28500

Targets:

Target 1: $0.29000

Target 2: $0.30000

Target 3: $0.31000

Stop Loss: $0.28000

Observation:

HBAR's immediate support at $0.28350 needs to hold for a rebound to materialize. A breakout above $0.28850 would confirm the start of a recovery toward the EMA(25) at $0.29886. A breakdown below $0.28350 may lead to further downside.

Actionable Advice:

Wait for confirmation of a rebound above $0.28500 before entering.

Take partial profits at each target and trail stop-loss levels for risk management.

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