$HBAR /USDT: Trending Within the Channel – Bullish Potential Ahead! 🔥💯
$HBAR is currently trading at $0.29344 after a recent pullback, consolidating within an ascending channel on the 30-minute chart. The price is holding support around $0.29000, indicating that bulls are maintaining control.
📈 Immediate Strategy:
Entry Point: $0.29350
First Target: $0.30000 (Key resistance in the channel)
Next Target: $0.31000 (Upper trendline breakout)
Stop-Loss: $0.28950 (Below channel support)
The current bullish structure suggests a strong short-term opportunity. If buyers defend key levels, upside momentum is likely to resume. A breakout above $0.30000 could fuel further gains toward the upper boundary of the channel.
💡 Key Insight: The bullish trend remains intact, with a clear path for potential upside if resistance levels are breached. Manage risk and ride the trend accordingly! 📊
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