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HBAR’s 30% upside hinges on defending the $0.23 support amid mixed signals

Technical Setup and Critical Levels

HBAR is forming a bullish flag pattern, suggesting potential upward momentum if key support holds. The token must maintain the $0.23 level to keep this outlook valid a break below could see prices fall toward $0.146, invalidating the bullish structure.

On the upside, a sustained breakout above the $0.30–$0.35 resistance zone could pave the way toward $0.36. Confirmation above $0.32 would strengthen the case for a 30% rise, aligning with technical projections cited in market analyses.

Market Context, Flows, and Implications

Market signals remain mixed. While accumulation by large holders and steady institutional interest support a bullish thesis, declining stablecoin liquidity and negative social sentiment may limit upside potential and amplify downside volatility.

For traders and treasuries, the $0.23 level serves as a critical pivot:

  • Holding support may enable a move toward $0.35–$0.36

  • A break below could trigger a decline toward $0.146

  • Declining liquidity may widen bid-ask spreads, affecting entry and exit efficiency

Traders considering long positions should monitor funding rates and open interest, particularly if HBAR reclaims $0.32. Risk management remains essential especially for treasury portfolios given the pattern’s sensitivity to both technical breaks and broader market sentiment.

The coming weeks will be decisive for HBAR’s short-term direction. Market participants should watch for a clear break above resistance or loss of support at $0.23, either of which could determine whether the token resumes its upward trajectory or enters a deeper corrective phase.

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