$HBAR /USDT 4-Hour Chart Analysis – Momentum Breakout in Progress
HBAR has delivered a strong breakout, climbing to $0.21883 with a 6.53% gain in the last 24 hours. After a prolonged consolidation phase in late April and early May, bulls have taken control, pushing the price through multiple resistance zones.
Key highlights from the chart:
Bullish structure: Higher highs and higher lows have formed since May 9, signaling a confirmed uptrend.
Volume surge: A noticeable increase in trading volume accompanies the latest push, reinforcing the momentum.
Breakout level: The price broke past the $0.21 resistance and briefly tagged $0.22885, marking a new short-term high.
If bulls maintain this momentum and hold above the $0.21-$0.215 support zone, HBAR could aim for $0.24–$0.25 next. A failure to hold support might see a healthy pullback toward the $0.20 mark.
Overall, sentiment remains bullish with room for further upside if volume and trend strength continue.