menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Technology News

>

HBAR Appro...
source image

TronWeekly

3w

read

255

img
dot

Image Credit: TronWeekly

HBAR Approaches Make-or-Break Zone with $0.098 in Bearish Crosshairs

  • HBAR is consolidating around $0.147, trading below $0.163 resistance and near $0.130 support.
  • Tight Bollinger Bands and negative Fibonacci extensions suggest an imminent breakout or price fall.
  • Analysts indicate caution in trading HBAR due to its proximity to $0.147 and inability to sustain prices above technical indicators.
  • Bollinger Bands narrowing suggest a potential breakout direction, with $0.163 acting as resistance.
  • HBAR hovers slightly above the $0.142 level, and traders are monitoring for bounce-back or potential dip below $0.130 Fibonacci support.
  • Fibonacci extension levels indicate caution, with a possible decline to $0.098 if HBAR breaks below $0.130.
  • Further decline projections include testing at $0.044 and extreme scenarios down to -$0.0082 and -$0.041.
  • Traders and investors are advised to observe price movements around $0.163 resistance and $0.130 support before taking action.
  • Analysts highlight a bearish pattern with resistance at $0.179 in HBAR price analysis.

Read Full Article

like

15 Likes

For uninterrupted reading, download the app