HBAR Pops Off Support—But Is There Still Room to Run?
- HBAR has surged over 800% from its first key entry zone and is currently testing major resistance around $0.36, with eyes on a possible breakout toward $0.70 or even $1.
- Crypto analyst CryptoPatel suggests the trend remains bullish, but advises existing holders to secure gains with a stop-loss just below $0.13.
- Momentum is strong, but chasing at this level could be risky—confirmation above $0.36 would open the door for another explosive leg up.
HBAR’s been making noise again, and yeah—traders are dialed in. According to CryptoPatel, a well-known voice in the scene, the altcoin just bounced cleanly off support, putting earlier entry zones deep in the green. One of those? Down near $0.04 to $0.05—that spot alone saw wild gains, something like 800% up. The second key entry, around $0.13–$0.14, is now cruising at a solid 125%.
In a quick post on X, Patel mentioned HBAR “bounced perfectly” from support and confirmed both levels had been hit. He’s still bullish overall but threw in a warning—price is getting up there, and the risk-reward’s not as juicy as it used to be. For folks still riding the wave, he recommends keeping that stop-loss snug under the second zone, just in case.
Breaking Down the HBAR Chart Setup
The chart Patel’s looking at is zoomed way out—like, 2-week candles stretching back to 2020. That long view? Shows how strong the $0.13–$0.14 zone has been historically. After that bounce, price ripped to $0.28 and, at the time of writing, is still holding firm around there.
The first breakout? That one launched straight from the trenches at $0.04–$0.05 and ran all the way to $0.36. That’s the big one—more than 800% in the bank. Now we’re in breakout #2, starting around $0.13, and it might still have legs.
Eyes on $0.36—Or Even $1?
The level everybody’s watching now? That tough wall at $0.35–$0.36. It’s been a cap in multiple cycles, so breaking it would be a big deal. If it does, $0.70 or even $1 could be on the table, if the momentum holds up.
CryptoPatel also threw out a shorter-term target, somewhere between $0.32 and $0.35, which kinda lines up with the current tempo. But make no mistake—getting to $1 won’t be a cakewalk. It’ll take serious volume and buyers showing up, not just vibes.
Best Play for HBAR Holders Right Now
For traders already in from the $0.13–$0.14 zone, Patel says to lock in gains with a stop-loss just under there. The trend still leans bullish, but jumping in late? That’s a little riskier. The setup’s not as ideal for new entries unless you’re playing the long game.
Bottom line: HBAR’s pushing up, momentum’s still there, but breaking $0.36 is the real test. If it clears, things could get spicy fast.
The post HBAR Pops Off Support—But Is There Still Room to Run? first appeared on BlockNews.
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HBAR Pops Off Support—But Is There Still Room to Run?
- HBAR has surged over 800% from its first key entry zone and is currently testing major resistance around $0.36, with eyes on a possible breakout toward $0.70 or even $1.
- Crypto analyst CryptoPatel suggests the trend remains bullish, but advises existing holders to secure gains with a stop-loss just below $0.13.
- Momentum is strong, but chasing at this level could be risky—confirmation above $0.36 would open the door for another explosive leg up.
HBAR’s been making noise again, and yeah—traders are dialed in. According to CryptoPatel, a well-known voice in the scene, the altcoin just bounced cleanly off support, putting earlier entry zones deep in the green. One of those? Down near $0.04 to $0.05—that spot alone saw wild gains, something like 800% up. The second key entry, around $0.13–$0.14, is now cruising at a solid 125%.
In a quick post on X, Patel mentioned HBAR “bounced perfectly” from support and confirmed both levels had been hit. He’s still bullish overall but threw in a warning—price is getting up there, and the risk-reward’s not as juicy as it used to be. For folks still riding the wave, he recommends keeping that stop-loss snug under the second zone, just in case.
Breaking Down the HBAR Chart Setup
The chart Patel’s looking at is zoomed way out—like, 2-week candles stretching back to 2020. That long view? Shows how strong the $0.13–$0.14 zone has been historically. After that bounce, price ripped to $0.28 and, at the time of writing, is still holding firm around there.
The first breakout? That one launched straight from the trenches at $0.04–$0.05 and ran all the way to $0.36. That’s the big one—more than 800% in the bank. Now we’re in breakout #2, starting around $0.13, and it might still have legs.
Eyes on $0.36—Or Even $1?
The level everybody’s watching now? That tough wall at $0.35–$0.36. It’s been a cap in multiple cycles, so breaking it would be a big deal. If it does, $0.70 or even $1 could be on the table, if the momentum holds up.
CryptoPatel also threw out a shorter-term target, somewhere between $0.32 and $0.35, which kinda lines up with the current tempo. But make no mistake—getting to $1 won’t be a cakewalk. It’ll take serious volume and buyers showing up, not just vibes.
Best Play for HBAR Holders Right Now
For traders already in from the $0.13–$0.14 zone, Patel says to lock in gains with a stop-loss just under there. The trend still leans bullish, but jumping in late? That’s a little riskier. The setup’s not as ideal for new entries unless you’re playing the long game.
Bottom line: HBAR’s pushing up, momentum’s still there, but breaking $0.36 is the real test. If it clears, things could get spicy fast.
The post HBAR Pops Off Support—But Is There Still Room to Run? first appeared on BlockNews.
Read More