HBAR - Consolidation in Progress. Focus on Key Levels $0.1450–$0.2600 to Trigger New Directional Move

Market Ticker: HBAR/USDT 

Date: February 3, 2025 

Title: HBAR - Consolidation in Progress. Focus on Key Levels $0.1450–$0.2600 to Trigger New Directional Move 

Strategic Scenario (6 to 12 months) 

Hedera Hashgraph (HBAR) remains structurally bullish on the strategic horizon as long as price action respects the $0.0900 Strategic Support. The ongoing bullish trend construction aligns with Wave III, a necessary correction before continuation toward the long-term Strategic Target of $0.6800. 

Neutral Tactical Scenario (1 to 3 months) 

HBAR has entered a consolidation range between $0.1450 (Tactical Support) and $0.2600 (Tactical Resistance) after a rejection from the $0.4000 Tactical Target. The break of the lower part of the previous range, now forming a double top, establishes $0.2600 as resistance. 

This sideways range is likely to provide a balancing zone for buyers and sellers as the market determines the next significant move. 

Directional Tactical Scenario 

• Bullish Case: A sustained move above $0.2600 would signal a breakout, opening the path toward the $0.4000 Tactical Target. 

• Bearish Case: A breakdown below $0.1450 would intensify selling pressure, targeting the $0.0900 Strategic Support. 

Technical Key Elements 

• RSI: Hovering near 38, indicating a neutral-to-bearish sentiment, with a tested trendline showing potential weakness. 

• Moving Averages: Flattening out, confirming a range-bound price structure. 

• Elliot Wave: Wave III construction in progress, suggesting the potential for an impulsive upward movement upon breakout. 

• Fibonacci Levels: 

• Support: $0.1450 and $0.0900 

• Resistance: $0.2600 and $0.4000 

Trade Idea Conclusion (Neutral Bias = Range) 

🎯 Range Strategy: 

• Buy near $0.1450, with a tight stop-loss below $0.1400, targeting $0.2600. 

• Sell near $0.2600, with a stop-loss above $0.2700, targeting $0.1450. 

Chart: Daily Basis (Candle Stick) - Logarithmic  

Indicators: Exponential Moving Average (21/34/89) - RSI (21) 

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