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HBAR/USDT Analysis: Massive 800% Gains Expected!

Long
BINANCE:HBARUSDT   Hedera Hashgraph / TetherUS
HBAR/USDT Technical Analysis: Potential 800% Gains Expected in Next Bull Run

Introduction:
In this technical analysis, we will be examining the current state of HBAR/USDT, a popular cryptocurrency pair, and exploring potential entry points and price targets for long-term holders. Please note that this analysis is solely for informational purposes and not financial advice. Always conduct your own research before making any investment decisions.

Current Market Overview:
As of the latest data, HBAR is trading at $0.0519. The overall market trend for altcoins is not bullish at the moment, suggesting the possibility of further corrections in HBAR/USDT.

Entry Levels for Long-Term Holders:
For long-term holders, the green box represents the best entry zone. Consider initiating positions at the following levels:

Entry 1: $0.037
Entry 2: $0.028
It's important to be prepared to buy within this zone, as it may present an excellent opportunity for substantial profits.

Price Targets and Resistance Levels:
Once the entry points are hit, it's essential to plan potential exit strategies based on resistance levels. The following price targets are observed on the chart:

Resistance 1: $0.083
Resistance 2: $0.17
Resistance 3: $0.25

Expectations for Next Bull Run:
With the current analysis and the potential for a bullish trend, it is reasonable to anticipate a significant increase in value during the next bull run. An estimated 800% growth from the entry zone is projected.

Support Levels:
In case of any downturns, the following support levels can be considered:

Support 1: $0.037
Support 2: $0.028

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.