Binance Technical Analysis: $HBAR 💯💰🤑
/USDT
The HBAR/USDT pair has experienced a solid uptrend, gaining 5.25% in the past 24 hours. Let’s break down key levels and the outlook moving forward:
1. Immediate Resistance: $0.31174
This level marks the recent high, acting as a short-term resistance. A break above could push HBAR toward higher targets.
2. Next Target: $0.31500
If the bullish momentum continues, the next target is $0.31500, where we might see a pullback or consolidation before further gains.
3. Support Zone: $0.27581
On the downside, the 24-hour low at $0.27581 serves as a key support level. A dip below this level would suggest a potential shift in market sentiment.
Outlook: The market shows a strong bullish bias with a significant increase in volume, so we’re likely to see more upside in the near term. Watch these levels closely for potential breakouts or reversals.
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