$HBAR /USDT Technical Analysis and Trade Signal๐๐๐๐
Current Price: $0.29078
24H Range: $0.25368 - $0.30797
Volume: 1.08B HBAR / $308.20M USDT
Technical Indicators Analysis:
Parabolic SAR (0.02, 0.2): 0.29893 (Bearish trend, price below SAR)
Resistance Levels:
R1: $0.30797
R2: $0.32500
R3: $0.34000
Support Levels:
S1: $0.28000
S2: $0.25368
Momentum:
Short-term bearish as the price retraced 2.91% in the last 24 hours.
Selling pressure visible; watch for consolidation near $0.28000.
Trade Setup:
Position: Short-term BUY opportunity near support.
Entry Zone: $0.28000 - $0.29000
๐ฏ Targets:
1. T1: $0.30797 (Previous high)
2. T2: $0.32500 (Strong resistance zone)
3. T3: $0.34000 (Potential breakout level)
Stop Loss: $0.25300 (Below recent low)
Trade Momentum:
If the price sustains above $0.28000, a rebound is likely toward the first target.
Monitor volume; increasing buy-side momentum could indicate a breakout above $0.30797.
Close below $0.28000 may lead to further downside, testing $0.25368 or lower.
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