$HBAR /USDT: Positive Momentum Fueling Short-Term Gains

$HBAR /USDT is currently priced at $0.29933, marking a 12.48% rise in the past 24 hours, with a peak of $0.30079 during this period.

The RSI reading of 74.28 indicates robust bullish momentum, though it is nearing overbought territory, suggesting a possible short-term consolidation phase.

Consider entering around $0.2990, with target prices set at TP1: $0.3010, TP2: $0.3030, and TP3: $0.3050. To mitigate risks, implement a stop loss at $0.2950.

The recent upward trend, bolstered by rising volume, makes HBAR a compelling choice for scalping strategies.

It is advisable to secure partial profits at each target and closely observe price movements near resistance levels for potential breakouts or pullbacks.

This approach effectively balances profit opportunities with prudent risk management.

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