🚀 $HBAR /USD: TESTING KEY SUPPORT – WATCH FOR A POTENTIAL BREAKOUT OR PULLBACK! ⚡
The $HBAR /USD pair is currently trading at $0.27799, consolidating near important support and resistance zones. Traders should be on the lookout for a breakout above resistance or a rebound off support for the next significant move.
📊 Trade Scenarios:
Entry Point: $0.27799
Take Profit (TP) 1: $0.2850
Take Profit (TP) 2: $0.2900
Take Profit (TP 3): $0.3000
Stop Loss (SL): $0.2700
Support is at $0.2700, while resistance is at $0.2850. A breakout above $0.2850 could lead to further upside momentum, targeting $0.2900 and $0.3000. However, a drop below $0.2700 might indicate a bearish retracement and further downside potential.
📉 Market Outlook:
HBAR is testing support at $0.2700. If price holds above this level, a bullish move toward $0.2850 and higher is possible. A drop below $0.2700 could signal a bearish retracement.
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