$HBAR /USDT Technical Analysis 🔄
Hedera (HBAR) is trading at $0.31820 (+0.48%), consolidating after a retracement from the $0.33893 high. The price is holding above support, suggesting a potential rebound or further consolidation.
Key Levels:
Resistance: $0.33893
Support: $0.30576
Critical Zone: $0.30000
Strategy:
Bullish Continuation:
Entry: Above $0.32000
Target 1: $0.33000
Target 2: $0.34000
Stop Loss: Below $0.31500
Bearish Rejection:
Entry: Below $0.30500
Target 1: $0.29500
Target 2: $0.28500
Stop Loss: Above $0.31000
📊 Observation: Monitor the price action and volume for breakout or breakdown signals. Risk management is crucial in volatile market conditions.