Hey Binance Square fam! Hedera (HBAR/USDT) just pulled off a textbook bullish retest after breaking outâletâs unpack why this could be a big deal and where to watch next!
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đ Current Setup: Retest & Momentum Check
Trendline & EMA Break
HBAR recently broke above a long-term descending trendline and reclaimed both the 50 & 100 EMA on the daily chartâa strong signal that bulls are stepping in .
**Holding Key Support (~$0.22)**
Price dipped back to retest the breakout zone near $0.22â$0.23. That level has held firm, suggesting buyers are defending it .
Bullish Indicators
RSI hovers around 70 on daily/4âhour charts, with MACD turning positive and Bollinger Bands expandingâsigns of strong bullish momentum, though a mild cooling or consolidation could follow .
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đ Why This Matters
1. Open Interest & Futures Strength
HBARâs futures open interest has surged to ~$450âŻMâthe highest since Januaryâhighlighting heavy trader involvement and bullish sentiment .
2. Ecosystem & OnâChain Strength
Recent integrationsâsuch as AP+ joining the RBA-backed Acacia RWA project, plus South Koreaâs SALT onboarding USDCâhave boosted network utility and attracted fresh capital .
3. Bullish Sentiment & Funding Rates
Rising funding rates in futures markets confirm that bulls are financially backstopped for the rally to continue .
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đ Trade Zones & Strategy
Zone Why It Matters Plan
Retest ~$0.22â0.23 Key support after breakout + EMA confluence Consider entry hereâtight stop just below
Next Resist ~$0.25â0.26 Previous supply area; target for short-term gains Take partial profits, reassess momentum
**Upside Target ~$0.30â0.40+** Fibonacci & trendline target if breakout confirms Trail stops & scale out chunk â
Invalidation <$0.22 Break below retest + EMAs would weaken setup Exit to protect capital
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đ§ Quick Trade Playbook
1. **âł Entry**: Look for a bounce off the $0.22â0.23 zone with volume confirmation.
2. **đŻ Target Zones**: Partial exits around $0.25â0.26, then aim for $0.30+.
3. **đ§Ż Risk Control**: Place stop-loss just under $0.22 to limit downside.
4. **đ Manage Position**: If price moves strongly, trail stops above EMAs or previous swing highs.
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đ§ Bigger Picture & Whatâs at Stake
Near-Term: Expect a healthy bull continuation if breakout holdsâbut RSI nearing overbought suggests possible sideways consolidation first.
Mid-Term: Breaching $0.25â0.26 with momentum opens doors toward $0.30â$0.40+ .
Long-Term: As ecosystem enhancements and institutional interest grow, several forecasts anticipate HBAR climbing to $0.40+ by year-endâsome even eye $0.60â$0.80 in 2025 .
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â Final Word
HBAR just triggered a high-probability bullish setup: breakout â retest â holding support â momentum backing. It's a textbook rally formationâbut remember to wait for confirmation, keep your stop tight, and scale into gains. Risk-managed entries here could set you up for a healthy ride higher! đ
Curious about other alt setups or in-depth Fibonacci levels? Just let me knowâhappy to explore more! đ