🎯 $HBAR
/USDT Technical Analysis – Targets in Sight!
Current Price: $0.08884 (+28.20%)
Technical Breakdown:
HBAR has shown impressive momentum, breaking key resistance levels. Let’s dive into its next potential moves:
1️⃣ Target 1: $0.095
Reason: This level aligns with the recent 24H high, acting as immediate resistance. A break above could signal further bullish momentum.
Probability: High, as HBAR consolidates near this zone, ready for another push.
2️⃣ Target 2: $0.105
Reason: Historical resistance and Fibonacci retracement level (0.618), marking a critical area for trend continuation.
Probability: Moderate, contingent on sustained buying volume and market sentiment.
3️⃣ Target 3: $0.120
Reason: This marks a psychological and structural resistance point from previous major price movements.
Probability: Achievable if HBAR maintains its bullish momentum and breaks through Target 2 decisively.
🔍 Key Indicators to Watch:
RSI: Currently approaching overbought levels but still showing strength.
Volume: Elevated, suggesting growing interest and participation.
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