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Hedera HBAR Poised for Bullish Surge as Elliott Wave Pattern Signals Wave 3 Rally
Hedera HBAR Poised for Bullish Surge as Elliott Wave Pattern Signals Wave 3 Rally
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[TRADE_PLUGIN]HBARUSDT,HBARUSDT[/TRADE_PLUGIN]
Hedera HBAR News -
Hedera (HBAR) is displaying strong indications of a potential bullish breakout, with technical analysts identifying a Wave 3 formation within a five-wave Elliott cycle. Price targets are projected between $0.31 and $0.397, bolstered by robust volume and demand in the $0.258 to $0.288 range.
Key support levels NEAR $0.25 are under close observation, as indicators like the RSI and stochastic oscillators suggest a base formation. A sustained move above $0.30 could confirm the next phase of the uptrend, with a target of $0.3512.
Market sentiment remains optimistic, with traders anticipating renewed momentum driven by clear technical structures and resilient Fibonacci retracement levels.
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