
- HBAR is trading at $0.1935, and it has increased 13.9% in a thinning symmetrical triangle pattern.
- The current 24 hour trading range is based on support at $0.1686 and resistance at $0.1927.
- A burst out of this trend may give rise to 100- 200 percent surge, depending on the direction and the intensity of volume.
The native token of Hedera, HBAR, is in a symmetrical triangle in the three-day chart, indicating a contraction of the market ahead of a potential breakout. The token is trading at $0.1935, with a 13.9 percent growth over the last 24 hours. This formation is being closely followed by market participants because symmetrical triangles tend to be followed by major price movements.
The chart design suggests that HBAR has been trading between convergent trendlines since the middle of the year. It is worth noting that the token has always been under its support at $0.1686 to avoid further falls during its pullbacks. In the meantime, the resistance is at $0.1927, which provides a tight range of trade that shows increasing uncertainty among traders.
Tight Price Structure Indicates Potential Volatility Ahead
HBAR’s tightening structure highlights a gradual buildup of momentum within the consolidation zone. Each successive low continues to form along the rising trendline, indicating steady demand near the lower boundary. This trend suggests that market pressure may soon reach a decisive point as liquidity clusters at both edges of the pattern.
Moreover, the chart illustrates that price compression has reduced volatility in recent sessions. But, with the apex of the triangle coming closer, volatility may increase drastically soon as the price gets out of the pattern. Such an arrangement is consistent with the bigger picture that a breakout, whether positive or negative, might characterize the next medium-term trend.
Technical Levels to Watch as Traders Monitor Breakout Signals
The current market range between $0.1686 and $0.1927 remains pivotal. A confirmed close above resistance could open the path toward the upper trendline, where buying activity historically increases. Conversely, any dip below the support zone may test short-term sentiment and liquidity depth.If an upside breakout occurs, analysts project a 100–200% potential rally based on the triangle’s measured structure. This projection underscores the significance of HBAR’s current consolidation phase, as price stability within this pattern may soon transition into directional momentum.
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