HBARUSDT has been moving in a smooth uptrend, followed by a brief consolidation — forming a classic bullish pennant pattern. This indicates a temporary pause before a potential continuation toward the main target zone at 0.21182 – 0.21855.
A breakout above 0.19195 confirms the validity of the pennant pattern, especially after the price successfully held above the demand zone at 0.18907 – 0.18633. The next key level to watch is the prior high of the pennant (highlighted with a red arrow).
For a solid bullish continuation, ensure the breakout is clean — no fakeouts or re-entries back into the pennant. If a false breakout occurs, it's wise to either trim your position or set a break-even stop to protect your capital.
Note: Manage risk with proper stop loss just below the demand zone.
