🚀 Technical Analysis: $HBAR
/USDT - Key Targets to Watch 🎯
The HBAR/USDT pair has been on an impressive upward trend, with a +24.65% increase in the past 24 hours, currently sitting at $0.06938. As momentum builds, here are three key levels to monitor in the coming hours:
1️⃣ Target 1 - $0.07200: This level could act as the first resistance point. A strong break above this price may signal further upward movement. Watch for volume surges and confirmation of the breakout.
2️⃣ Target 2 - $0.07500: If bullish sentiment continues, the $0.07500 mark is another crucial resistance. This level aligns with the previous price action highs, making it a critical area for potential take profits.
3️⃣ Target 3 - $0.08000: For those with a longer-term outlook, the $0.08000 target could be the next major psychological resistance point. If the price breaks through this, a bullish trend continuation is likely.
📊 Current Price: $0.06938
📈 24h High: $0.07000 | 24h Low: $0.05309
🔄 Volume (HBAR): 987.69M HBAR | Volume (USDT): 57.80M USDT
Keep monitoring the price action and volume to confirm these targets. As always, ensure proper risk management and trade wisely!
#Binance #HBAR #CryptoTrading #TechnicalAnalysis #PriceTargets #Crypto
This post provides insights on the targets, resistance levels, and current market conditions to help traders make informed decisions.