HBAR's recent performance has attracted the attention of many traders. The 30-minute candlestick chart shows a significant abnormality in trading volume, with a month-on-month increase of 198.4%. Such a sharp increase in trading volume is often a precursor to a market rally.
From a price perspective, HBAR is currently trading at 0.11271 USDT. The key support level is around 0.1125, with only 0.35% space from the current price. Judging from the 1-hour chart, the entire support zone is distributed between 0.11021 and 0.11131, forming a relatively stable support band.
From a trading standpoint, the current position near these support levels may present a long opportunity. The specific strategy is to place buy orders around 0.1125, waiting for the price to rebound to the resistance level at 0.11541 as a take-profit point.
Changes in trading volume often precede price movements. Whether this volume surge can truly trigger a market rally remains to be confirmed by closely monitoring the subsequent trend.
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BankruptcyArtist
· 6h ago
An increase of 198% in volume is so crazy, it feels like either takeoff or a bag holder... Let's see if it pumps.
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UnluckyValidator
· 6h ago
Volume increased by 198%. Is this guy serious or just trying to fool me...
Wait, the support level is only 0.35% away. If it breaks, I might have to lose my pants.
The price of 0.1125 feels like a trap set by the big players for retail investors.
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LightningWallet
· 6h ago
Volume increase of 198%? Can this wave push to 0.11541? It feels a bit uncertain...
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HypotheticalLiquidator
· 6h ago
Be cautious with volume spikes; don't get fooled by false breakouts. Historically, such 198% surges are often signals of retail investors being trapped...
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ServantOfSatoshi
· 6h ago
Volume increase of 198%? That number sounds exciting... But whether HBAR can really take off depends on more than just trading volume; having volume alone isn't enough.
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TokenomicsDetective
· 6h ago
Volume increase of 198%? That number sounds pretty impressive, but whether HBAR can rally this time depends on the subsequent confirmation. It's still too early to say it's starting now.
HBAR's recent performance has attracted the attention of many traders. The 30-minute candlestick chart shows a significant abnormality in trading volume, with a month-on-month increase of 198.4%. Such a sharp increase in trading volume is often a precursor to a market rally.
From a price perspective, HBAR is currently trading at 0.11271 USDT. The key support level is around 0.1125, with only 0.35% space from the current price. Judging from the 1-hour chart, the entire support zone is distributed between 0.11021 and 0.11131, forming a relatively stable support band.
From a trading standpoint, the current position near these support levels may present a long opportunity. The specific strategy is to place buy orders around 0.1125, waiting for the price to rebound to the resistance level at 0.11541 as a take-profit point.
Changes in trading volume often precede price movements. Whether this volume surge can truly trigger a market rally remains to be confirmed by closely monitoring the subsequent trend.