Technical Analysis for $HBAR
/USDT🔥💯
Current Price: $0.31782
24h Change: +8.05%
Trend: Bullish momentum observed, as the price has been consistently rising, trading near the 24h high.
Support Level: $0.28826 (Low of 24 hours)
Resistance Level: $0.31900 (High of 24 hours)
Trade Signal: Buy signal is active due to upward price action and positive momentum
Target Levels (🎯):
1. First Target (🎯1): $0.3250
The next resistance point after current price, taking into account short-term bullish momentum.
2. Second Target (🎯2): $0.3350
Strong upward potential with an additional resistance above $0.3250.
3. Third Target (🎯3): $0.3500
A more aggressive target should the upward momentum continue.
Trade Momentum: Positive, with growing buying interest seen over the last 24 hours. A buy is recommended near current levels with clear stop loss around $0.30395 (previous low) to minimize risk.