HBAR (Hedera) Market Update – April 25, 2025
Current Price: $0.193
Trend: Bullish
Previous Coverage: April 16 @ $0.16
Key Levels:
Major Support: $0.177 (double bottom neckline)
Psychological Resistance: $0.20
Target Resistance: $0.23
Deeper Support: $0.16
Final Support: $0.12 (in case of breakdown)
Analysis:
Since our last coverage, HBAR held the $0.16 support, formed a strong double bottom, and is now pushing upward. It's currently trading at $0.193, above the neckline support at $0.177, indicating continued bullish momentum.
Entry Zone:
Buy on dips: $0.177–$0.185 (as long as daily candle closes stay above $0.177)
Profit Targets:
TP1: $0.20 (psychological resistance)
TP2: $0.23 (major target)
Stop Loss:
SL: Close below $0.177 for two consecutive days
If this happens, expect a drop back to $0.12 via $0.16
Outlook:
As long as HBAR maintains above the $0.177 neckline, the bulls remain in control. Watch for volume confirmation near $0.20. A successful break can accelerate the move to $0.23.
