📈 HBAR Update – Bull Run Continues Into August
Price Range: ~$0.20–0.28 in July, extending toward $0.28–0.34+ by month's end.
HBAR delivered a stunning 75% rally in July, powered by surging on-chain activity, massive trading volumes, and investor enthusiasm around ETF speculation. The token has held above critical support near $0.22 and continues to attract bullish derivative flows.
Technical Setup: A double‑bottom pattern plus positive funding rates imply a strong short-term reversal potential. If HBAR clears resistance near $0.28, we could see momentum drive toward $0.34.
Outlook for August: GROK’s sentiment model forecasts $0.45–0.65 range if bullish macro trends hold. A moderate scenario projects $0.30–0.35, reflecting a continued 25%–50% ROI from early August levels.
Watch Levels:
Support: $0.22–0.24 zone—risk-control entry area
Resistance: Breakout above $0.28–0.30 required to unlock further upside
Smart traders may consider entries near $0.24 with stop-loss at $0.22, targeting $0.30–0.34—and up to $0.45 on extended breakout. Monitor developments around ETF approvals, exchange listings, and institutional demand closely. 🚀
Let me know if you'd like a bullish vs. bearish chart breakdown, shorter wording, or comparisons to other enterprise-focused tokens.$HBAR