HBAR is back in the spotlight after a move off support, and traders are watching closely. According to popular analyst CryptoPatel, HBAR price has already delivered major returns from two earlier entry zones.
One of them, near $0.04–$0.05, has seen gains of over 800%. The second entry, between $0.13 and $0.14, is now up about 125%.
In a tweet, CryptoPatel said HBAR “bounced perfectly” from the support area and confirmed both entries were hit. While the setup still looks bullish, he warned that the risk-to-reward ratio isn’t ideal anymore.
For those still holding, he suggested keeping a stop-loss just below the second entry zone.
What you'll learn 👉
Looking at the HBAR Chart Structure
The HBAR chart he shared is a 2-week view that goes all the way back to 2020. Right now, HBAR price is trading around $0.28 after a strong rebound from the $0.13–$0.14 area. That zone has acted as reliable support during multiple cycles and was once again the base for this latest push.
The first major breakout came from the $0.04–$0.05 range, where the token surged all the way to $0.36. That move locked in over 800% in gains and confirmed the long-term uptrend.
The second breakout, now in progress, started from the $0.13 area and could still have more room to run.
Where HBAR Could Go Next
The big level to watch now is $0.35–$0.36. That’s been a tough resistance zone in past rallies, so if HBAR price can break through, the path toward $0.70 or even $1 could open up.
CryptoPatel also mapped out a short-term target between $0.32 and $0.35, based on current momentum. While the chart suggests more upside is possible, the move to $1 would need strong volume and continued buyer interest.
Read Also: This Trader Is Selling Everything for XRP and HBAR – Here’s Why
Strategy for Traders Right Now
CryptoPatel pointed out that anyone still holding from the second entry should protect profits with a stop-loss around $0.13. The trend is still pointing upward, but chasing the move now could carry more risk.
For now, all eyes are on whether HBAR price can push past $0.36. If it does, the next leg higher could get interesting fast.
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