🧠 $HBAR Trade Setup (Current Price: $0.260)
Hedera is consolidating near a key level and appears to be building bullish momentum. If support holds, it could be poised for a breakout. Here’s a structured trade idea:
📥 Entry Zone: $0.258 – $0.262
(Buying within this range captures price near the current consolidation zone with minimal slippage.)
🎯 Target 1: $0.278
(First resistance level where price previously rejected — short-term profit zone.)
🎯 Target 2: $0.295
(A continuation target if bullish momentum follows through; aligns with previous highs.)
🚨 Stop Loss: $0.245
(Placed below the recent support and structure low — protects against deeper downside.)
🏁 Final Target: $0.325
(A higher time-frame target, aligning with previous major supply zone. Strong bullish confirmation needed to reach this.)
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🔍 Explanation:
HBAR is forming a base just above the $0.25 region, which has historically acted as support. If bulls continue to defend this zone and break above $0.27 with volume, momentum could drive price toward $0.30 and beyond. The setup aims to capture this potential move while keeping risk controlled below the structural low at $0.245.
📌 Watch for breakout confirmation and volume above $0.270 — that could be the trigger for acceleration toward upper targets.