HBAR has shown a breakout from a descending channel, signaling a potential trend reversal with a target price range of $0.18 to $0.20.
Key resistance levels are identified at $0.17728 and $0.20900, with a higher low formation confirming buyer strength.
Technical analyst Narendra Pratap Singh suggests a viable entry zone, emphasizing the importance of sustained momentum for reaching the target range.
Market data and analyst outlook support the bullish case, with indicators showing strengthening momentum and potential challenges at $0.18 and $0.20 resistance levels.