$HBAR Technical Analysis

HBAR is currently testing a strong support zone around $0.2900 to $0.2950, where buying interest may start to pick up. A failure to hold this level could lead to further downside, targeting the next support near $0.2800. On the resistance side, key levels are $0.3100 and $0.3200, which will likely act as barriers to any upward movement. Range traders might consider entering long near $0.2950 with a stop-loss below $0.2900, targeting resistance at $0.3100. For breakout traders, a sustained move above $0.3200 could signal bullish continuation, while a breakdown below $0.2900 may open the door for further declines. Watch for volatility as price action develops.

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