$HBAR Bullish Breakout – What to Know
has broken out of a falling wedge pattern and moved above a key level ($0.201) on May 10, which is now acting as support.
This breakout is supported by an inverted head & shoulders pattern and a strong signal from moving averages (the 20-day EMA is now above the 50-day and 200-day EMAs), showing growing momentum.
Since May 9, the price has been making higher highs and higher lows, confirming an uptrend.
If the support holds, $HBAR
could move up to $0.28 soon, and possibly reach $0.40 to $0.45 in the coming weeks.