Hey Binance fam!
HBAR (Hedera) is forming classic bullish setups like falling wedges and bullish flags—plus it’s testing crucial levels. Could this be the start of a new bull run? Let’s unpack it, Square-style! 🌟
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1. 📊 Chart Patterns & Technical Setup
Falling wedge + bullish pennant: These classic reversal patterns suggest a breakout is forming. If HBAR breaks upward, we could see a sharp move toward $0.33, then even higher .
Bullish flag breakout: Earlier, HBAR broke out from a bullish flag, showing strong buying interest .
Symmetrical triangle: Analysis highlights that this pattern might trigger a ~30% move in either direction. To the moon? Yes—$0.33–$0.40 is possible .
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2. 💰 Key Levels: Support & Resistance
Support zone: Important floors lie at $0.17–$0.18, tied to the 0.618–0.786 Fibonacci levels—this range has held strong after recent dips .
Immediate resistance: Around $0.23—if broken, it clears the way to $0.30–$0.33 .
Major resistance: Near $0.39–$0.40, a ceiling tested multiple times. A breakout there could set sights on $0.50+ .
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3. 🌿 Momentum & Market Context
RSI around ~70 shows steady buying pressure without being overbought—suggesting continuation is still possible .
Hedera boasts solid fundamentals: enterprise-grade governance (IBM, Google, Tata) and fast Hashgraph tech—making it a serious pick in crypto, not just hype .
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4. 🎯 What’s Next? Scenario Breakdown
Scenario Trigger Targets & Zones
Bullish breakout Breaks above $0.23–$0.24 with volume $0.30 → $0.33 → $0.39+
Sideways range Holds between $0.18–$0.23 with low volume Wait for breakout—no rush to enter
Deeper pullback Drops below $0.17–$0.18 Could retrace toward $0.126–$0.15
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5. 🎓 HBAR Smart Strategy for Binance Fam
Aggressive traders:
Enter on breakout above $0.23–$0.24 with solid volume.
Targets: $0.30, then $0.33, set trail-stops near $0.23.
Range riders:
Trade congestion zones between $0.18–$0.23—buy on dips, take profit near ceiling.
Long-term holders:
Seeing pullbacks to $0.17–$0.18? Consider building positions gradually.
Strong fundamentals (enterprise involvement, real tech) offer confidence for growth.
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✅ Final Take
Bullish narrative: Falling wedge, flags, and triangle patterns align with strong setups—watch for breakout above $0.23.
Potential upside: Watch key milestones—$0.30 → $0.33 → $0.39+.
Risk buffer: A drop below $0.17 opens up correction toward $0.126–$0.15.
Long-term case: With solid tech, enterprise backing, and on-chain momentum, HBAR has real legs—not just speculative hype.
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🔔 Ready for Next-Level Tracking?
Let me know if you want help adding TradingView alerts at $0.23 breakout or Binance mobile notifications for dips to support zones. I’ve got you covered!