$HBAR Shows Strong Bullish Momentum
$HBAR is currently trading at $0.32584, showcasing a significant surge with a 22.77% gain over the past 24 hours. The token has reached a high of $0.33248 with strong volume at 1.08B HBAR, indicating robust market interest.
Key Levels to Watch
Immediate Resistance: $0.33500 and $0.34500
Key Support: $0.32000 and $0.31000
Trading Strategy
Bullish Scenario:
Entry: Breakout above $0.33500
Stop Loss: Below $0.32000
Targets:
Take Profit 1: $0.34500
Take Profit 2: $0.35500
Bearish Scenario:
Entry: Breakdown below $0.32000
Stop Loss: Above $0.33000
Targets:
Take Profit 1: $0.31000
Take Profit 2: $0.30000
Market Outlook
HBAR is showing a clear uptrend, supported by rising volume and momentum. If the bullish trajectory continues, the next resistance levels could be tested soon. However, any failure to hold $0.32000 may lead to a short-term pullback.
Trade cautiously, and always manage your risks effectively.