🚨$HBAR HBAR/USDT ALERT: Testing Key Support Levels – Prepare for Action! 🚨
Current Price: $0.29182
24-Hour High: $0.31453
24-Hour Low: $0.28562
HBAR is down 2.91%, reflecting a minor pullback as it tests a critical support zone. The current price action signals indecision, with buyers and sellers battling for dominance.
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💡 Critical Levels to Watch:
Immediate Resistance: $0.30500 – A breakout above this level could lead to a rally toward $0.32000 and $0.34000.
Support Zone: $0.28500 – Holding this support is crucial to prevent further downside toward $0.27000.
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🔮 Potential Scenarios:
Bullish: If HBAR bounces off the $0.28500 level, it may regain momentum and test $0.30500, with potential for higher targets.
Bearish: A break below $0.28500 could trigger a deeper correction, targeting $0.27000 or lower.
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⚠️ Trading Strategy: Monitor price action closely around support and resistance. Volume confirmation will be key for breakout trades or potential reversals.