Trading Signals for $HBAR

Action: Long Position (Buy)

Entry Range: $0.3650 - $0.3720

SL (Stop-Loss): $0.3664 - $0.3682

TP (Take Profit): $0.3832 - $0.4288

HBAR has shown a significant 11.57% increase in 24 hours, with an impressive 102.21% surge in trading volume, indicating strong momentum and trader interest. The Vol/Mkt Cap ratio of 19% suggests active trading activity, supporting short-term scalping strategies.

Currently, the price is near $0.3729, consolidating after reaching an intraday high of $0.4003. This consolidation phase often forms a range-bound pattern, providing an opportunity to scalp on breakouts or rejections within the range.

Support Zone: $0.3650 - $0.3700 (Strong demand zone based on recent pullbacks).
Resistance Zone: $0.3900 - $0.4000 (Recent high and psychological resistance).

Scalping Strategy:
Enter the trade near the lower support range ($0.3650 - $0.3720).
Set a tight stop-loss to limit risks due to volatility, typically 0.5%-1.5% below the entry price.
Aim for a profit target of 3%-15%, scaling out positions as the price approaches resistance zones or significant psychological levels ($0.3900, $0.4000).

🥂 Trade Now $HBAR

🚨 Note: Trade at your own risk. Always conduct your own research (DYOR). Market conditions can change rapidly.

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