$HBAR /USDT Technical Update
The bullish breakout continues, with the price peaking at $0.31801 before retracing to $0.31390. The strong uptrend is supported by increasing volume and favorable moving averages.
Key Levels to Watch:
Resistance: $0.3200 (Break above for continuation to $0.3300).
Support: $0.3120 (Hold above this level to maintain bullish structure).
Trading Plan:
Entry Point: Around $0.3140 if consolidation continues.
Targets:
Short-term: $0.3200
Mid-term: $0.3300
Stop Loss: Below $0.3080 to minimize downside risk.
Market Insight:
The MACD shows mild bullish momentum, while the volume spike confirms strong buying interest. A breakout above $0.3200 could trigger further upside in the short term.
Trade with caution and always manage risk effectively!