The recent price action on HBARUSDT is showing a classic bull flag breakout — a powerful continuation pattern often seen in strong uptrends.
Bull Flag Breakdown:
Flagpole:
Prior to consolidation, HBAR saw a massive rally of over 780%, forming a steep vertical move — this sets the stage as the flagpole.
Flag Formation:
Price entered a downward sloping channel with clear lower highs and lower lows. This consolidation formed the flag, which indicates temporary cooling before the next leg up.
Breakout & Retest:
HBAR broke out of the flag’s resistance, followed by a successful retest of the breakout zone and a bounce off the 0.5 Fibonacci level — all signs of strong technical confirmation.
With this breakout, HBAR is likely to follow through with a measured move, aiming for key targets:
TP1 (Futures): 0.24985
TP2 (Futures): 0.28904
TP1 (Spot): 0.57177
TP2 (Spot): 1.23275+
These targets align with historical resistance and projected flagpole extensions.
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