Hedera ($HBAR AR) Technical Update

Symmetrical Triangle Breakdown or Breakout?

HBAR is currently testing the ascending support of a symmetrical triangle pattern on the 4H chart.

This level is critical for the coin's short-term momentum. If the support holds,

expect the price to rally toward the first target at $0.323,

followed by $0.362.

However,

a break below the support could invalidate this bullish setup,

potentially pushing prices lower toward $0.270 or $0.250 zones.

Key Levels to Watch:

Support: $0.280

Resistance: $0.323, $0.362

Breakdown Target: $0.270

Next Move Suggestion:

For bulls,

watch for a strong bounce off the support level with high trading volume before entering.

For bears,

wait for confirmation of a breakdown below the triangle to short the coin.

Stay alert and manage risk responsibly!

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