🚨 $HBAR
Price Action: Consolidating Near Resistance! 🚨
$HBAR is trading at $0.29402, down 0.03%, as it consolidates after failing to reclaim its recent high of $0.31453. Momentum is building for a potential breakout or breakdown.
💡 Key Levels to Watch:
Resistance: $0.30870 – A breakout above this level could drive toward $0.33000 and possibly $0.35000.
Support: $0.28646 – A breakdown below this level may lead to a retest of the $0.25759 EMA (99).
📈 Bullish Scenario: Breaking above $0.30870 could see test $0.33000 and extend toward $0.35000 if buying pressure intensifies.
📉 Bearish Scenario: A failure to hold $0.28646 may trigger a decline toward $0.25759, with further downside possible if selling volume increases.
📌 Trade Setup:
Entry: Around $0.29402
Take Profit Targets: $0.30870, $0.33000, $0.35000
Stop Loss: Below $0.28646
Monitor closely for volume spikes to confirm the next significant move!