Post for $HBAR /USDT Technical Analysis
š $HBAR /USDT Analysis Update:
Current Price: $0.31190 (+5.41%)
24H Range: $0.29223 - $0.33893
30-Minute Chart Overview: HBAR has experienced bullish momentum, peaking at $0.33893 before a pullback to the $0.31190 support level. Consolidation at this price could signal a potential bounce.
šÆ Targets:
1. First Target: $0.3200 - Immediate resistance. A breakout above this could indicate short-term recovery.
2. Second Target: $0.3400 - Key resistance zone and the recent high, signaling stronger bullish continuation.
3. Third Target: $0.3600 - Long-term bullish target, highlighting further upside potential.
š” Actionable Insights:
Secure partial profits near $0.3200.
Adjust your stop-loss to $0.3000 to protect gains.
Monitor volume trends and MACD signals for confirmation of momentum above $0.3200.
š Long-Term View: Sustaining momentum above $0.3400 could propel HBAR toward $0.3600 and potentially higher, reinforcing strong market sentiment.