$HBAR is under pressure on the 1-hour chart after a sharp drop from the $0.26999 high. The price is now hovering just above a critical support zone, and traders should watch closely for either a bounce or a breakdown.
📉 Buy Zones / Support:
The immediate support is at $0.25228 (Fib 0.236), very close to the current price. If buyers defend this level, a rebound toward $0.2550–$0.2562 is possible. A deeper support lies at $0.24981, which would be the last line before a stronger sell-off risk.
📈 Sell Zones / Resistance:
The first resistance is at $0.25551–$0.25583 (Fib 0.5 to 0.618 zone). A breakout above here could open the way to $0.25805 (Fib 0.786) and possibly retest $0.2639. Failure to break this resistance will likely keep sellers in control.
💡 Trading Plan:
Aggressive traders might attempt a quick scalp near $0.2523 support, targeting $0.255–$0.258, with a tight stop-loss below $0.2498.
Conservative traders should wait for a confirmed breakout above $0.2562 with strong volume before entering.
If $0.2498 is broken, short-term selling pressure could extend toward $0.2450.
📊 Readiness for Trade:
At present, HBAR is not yet in a confirmed bullish setup. It’s at a make-or-break support zone, meaning trades here carry higher risk unless a clear bounce pattern forms. For safer entries, wait for confirmation above $0.2562 with rising volume.
Click the $HBAR cashtag now and position yourself before the market decides!
Spot trading only. Manage your risk.
$HBAR #crypto #Write2Earn
