🚨 $HBAR/USDT – Trade Alert & Market Analysis! 🚨
Current Price: $0.21672 (+2.46%) 📉
Market Update:
$HBAR has recently faced strong resistance at the $0.22629 level, where selling pressure has been overwhelming. A failure to break above this zone has resulted in a pullback. Should the price drop below the key support at $0.21600, we could see further declines. On the other hand, maintaining support at this level might lead to a potential reversal and upward movement.
Key Levels:
Resistance Zone: $0.22200 - $0.22630 (Heavy selling area)
Support Zone: $0.21600 - $0.21100 (Critical buying zone)
Trading Plan:
Short Entry: $0.21700 - $0.21850 (If a breakdown is confirmed below support)
Stop Loss: Set just above resistance at $0.22350 to manage risk
Profit Targets:
TP1: $0.21400
TP2: $0.21150
TP3: $0.20900
Important Tip: Watch for volume confirmation as $$HBAR ests key support levels. If the price fails to hold at $0.21600, expect further downward pressure. Stay alert for a clear trend direction before committing to trades!
📈 $HBAR