Hedera (HBAR) has recently formed a descending wedge pattern, a bullish indicator suggesting potential upward movement. Here's the breakdown:
π Trade Setup:
π Entry Range: $0.30β$0.32 π Stop Loss (SL): $0.28 π° Take Profit (TP) Targets: TP1: $0.38 TP2: $0.42 TP3: $0.45
βοΈ Risk/Reward Ratio:
With a stop loss at $0.28 and entry between $0.30β$0.32, this setup offers a favorable risk-to-reward ratio, especially with multiple profit targets.
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