๐ $HBAR
/USDT Technical Analysis | Current Market Insights
As the HBAR/USDT pair gains momentum, letโs dive into the key technical levels to watch for in the coming hours:
๐ Current Price: $0.16566
The price has surged +34.11%, showing strong bullish momentum.
Key Targets to Watch:
๐ฏ Target 1: $0.1695
This level represents the recent 24-hour high and could act as the immediate resistance for the price. A break above this level would confirm further upside potential.
๐ฏ Target 2: $0.1800
A strong target zone where HBAR could see more bullish pressure if the market sentiment continues to stay positive. This level will act as a psychological barrier for buyers.
๐ฏ Target 3: $0.1217
In case of any pullbacks, this level will act as support, marking the recent 24-hour low. Watch for price action around this zone for potential buying opportunities or trend reversal signals.
Volume Analysis:
With 2.18B HBAR traded in the past 24 hours, the volume is healthy, indicating strong market participation.
๐ What to Expect Next:
Short-term bullish momentum suggests potential price action towards $0.1695 and $0.1800.
A pullback near $0.1217 may offer a good support zone for entry.
Trade with caution and follow the trends closely for profitable moves!