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Recently, the HBAR market has shown some interesting movements. On the 30-minute chart, the trading volume suddenly surged by 68.4%, and such anomalies are rarely without reason.
Currently, HBAR is fluctuating around 0.12787 USDT. Looking downward, the key support level is at 0.12759, only 1.03% away from the current price. Honestly, when trading volume increases so sharply, it often signals a potential short-term breakout.
From a technical perspective, the opportunity for a long position appears quite clear. Consider placing buy orders around 0.12759 and waiting for a rebound confirmation. If the price can break through the resistance above, the target would be the 0.13361 resistance level.
Unusual trading volume often indicates that the market is about to move. For tokens like HBAR, dense trading activity usually accompanies a choice of direction. The subsequent trend needs to be closely monitored, especially whether it can hold above the support level.