$HBAR /USDT Spot Trade Alert: Key Levels in Focus! šŸ”„šŸ’Æ

Current Price: $0.33933

$HBAR /USDT has shown strong upward momentum recently, with a 7-day gain of 149.51%. However, the current pullback offers a critical opportunity to assess entry and exit points for spot trading.

Key Levels to Watch:

1. Resistance: $0.39220

ā€¢ A breakout above this level could trigger a rally toward $0.41000 or beyond.

ā€¢ Expect increased buying pressure if this resistance is cleared.

2. Support: $0.32000

ā€¢ Holding above this level is crucial to maintain bullish momentum.

ā€¢ A breakdown here could lead to further retracement toward $0.30000.

Trade Setup:

ā€¢ Long Entry: $0.34000 - $0.35000

ā€¢ Targets: $0.36000, $0.38000, and $0.40000

ā€¢ Stop Loss: Below $0.32000

ā€¢ Short Entry: Below $0.32000

ā€¢ Targets: $0.30000 and $0.28000

ā€¢ Stop Loss: Above $0.34000

Market Sentiment:

HBARā€™s bullish sentiment remains intact, but recent consolidation suggests a potential breakout or further pullback. Monitor volume closely for confirmation of the next move.

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