๐ $HBAR /USDT: SOARING TO NEW HEIGHTS! ๐
The HBAR/USDT pair has experienced a significant surge, currently trading at $0.37271, marking a remarkable 59.19% increase. This impressive rally is highlighted by a sharp upward movement on the 4-hour chart, indicating strong bullish momentum.
๐ Bullish Scenario ๐: If the bullish momentum continues, traders can look for a breakout above the $0.39220 resistance level. Target Price (TP) could be set at $0.45000 with a Stop Loss (SL) at $0.35000 to manage risk.
๐ Bearish Scenario ๐ป: If the price faces resistance and reverses, traders should watch for a pullback to the support level at $0.30000. In this case, TP could be set at $0.25000 with an SL at $0.40000.
๐ Market Outlook: The current bullish trend suggests a positive outlook for HBAR in the short term. However, traders should remain cautious of potential pullbacks and monitor key support and resistance levels closely.
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