$HBAR /USDT – Descending Triangle After Breaking Out of Range

HBAR recently broke out of a multi-month range and established itself above the key support of $0.23475. Currently, a descending triangle is forming on the chart, which may herald a strong impulse upon breakout.

Pattern Data:

Current Price: $0.24857

Pattern High: $0.30500

Pattern Low: $0.22550

📈 Potential Targets on Breakout Upwards (based on the height of the triangle):

Target 1: $0.30500 (local resistance)

Target 2: $0.325–0.330 (technical target based on the figure)

Target 3: $0.345 (extended target on strong impulse)

📉 In case of a breakout downwards:

Support: $0.23475

If it settles below – possible decline to $0.22550 and $0.215

⚡ Conclusion: HBAR is consolidating within the triangle — a breakout from either side could initiate a movement of 10–15% or more.