šŸ”¹ Hedera ($HBAR ) – Fifth Wave Attempt in Play šŸ”¹

šŸ“ Current Setup:

Price respected Fibonacci & structural support at $0.224 (38.2% retracement of Aug. rally)

Bounce aligns with Wave 4 → Wave 5 upside scenario within a larger Wave 3

Structure remains tricky (corrective in nature), but upside bias intact while holding key support

šŸ“Š Key Levels:

Primary Resistance: $0.280 (multiple prior swing highs + Fib extension)

Major Upside Targets:

$0.33 – Wave 5 measured move

$0.39 – Extended target if breakout gains momentum

Critical Support:

$0.234 (78.6% retracement of Aug. 2–10 rally) — must hold for bullish scenario

Below $0.234 → structure risk increases significantly

šŸ“ˆ Scenarios:

Bullish Path: Hold $0.234 → Push through $0.280 → Next targets $0.33, then $0.39

Bearish Risk: Drop below $0.234 → Potential breakdown of current wave structure

šŸ’” Market Takeaway:

HBAR defended the $0.224 support perfectly and now eyes $0.280 resistance. A clean breakout could accelerate gains toward $0.33–$0.39, but losing $0.234 would put the rally at risk.

#HBAR #Hedera #CryptoUpdate #Altcoins #ElliottWave #BinanceSquare