The $HBAR /USDT trading pair is currently valued at 0.35899, reflecting a 1.25% increase over the last 24 hours. During this period, the coin reached a high of 0.37106 and a low of 0.34059, with a 24-hour trading volume of 560.25 million $HBAR and 197.82 million USDT.

Resistance and Support Levels

At present, the price is testing the resistance level at 0.3722. If the price successfully breaks above this level, it could extend toward the next resistance near 0.37106. On the downside, the support level is firmly positioned at 0.34059.

Key Technical Indicators

Traders should closely monitor technical indicators, including moving averages (MA), to assess market momentum. These indicators can provide insight into potential price movements and help determine the strength of the trend.

Trade Strategy

A potential breakout above 0.3590 may present an opportunity to enter long positions, with the target being higher resistance levels. Traders should remain cautious and watch for confirmation of upward momentum before taking action.

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