$HBAR
/USDT Technical Analysis: Key Targets to Watch 🎯
The HBAR/USDT pair is currently trading at $0.28978, showing a solid gain of +8.51% in the past 24 hours. With a 24h high of $0.29610 and strong market momentum, the price is setting up for key levels to watch in the short-term.
Target 1: $0.296
The immediate resistance is at $0.296, which is the recent high. If HBAR continues its upward trend, this could act as the first point of price interaction.
Target 2: $0.300
A break above $0.296 could push the price to the psychological level of $0.300. This level might offer strong resistance as traders aim for round numbers.
Target 3: $0.320
If the bullish momentum holds, the next potential target could be $0.320, where the price could encounter further resistance from historical price action and moving averages.
On the downside, support is seen around $0.285, providing a safety net for any potential corrections. With a 24h volume of 470.03M HBAR and strong interest in the pair, the outlook remains positive for the short term.
Stay tuned for more updates and trade smart!
This structure includes the key targets while maintaining a professional and engaging tone for Binance. Let me know if you need any adjustments!