HBARUSD Bullish Setup: Targeting $0.38–$0.45 in the Coming Days
2024-12-08

Hedera (HBAR) has recently formed a descending wedge pattern, a bullish indicator suggesting potential upward movement. Here's the breakdown:

🔑 Trade Setup:

📍 Entry Range: $0.30–$0.32
🛑 Stop Loss (SL): $0.28
💰 Take Profit (TP) Targets:
TP1: $0.38
TP2: $0.42
TP3: $0.45

⚖️ Risk/Reward Ratio:

With a stop loss at $0.28 and entry between $0.30–$0.32, this setup offers a favorable risk-to-reward ratio, especially with multiple profit targets.

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