Technical analysis by RICHSTOXCOM about Symbol HBAR: Buy recommendation (1/2/2025)

The Hedera Hashgraph (HBAR/USDT) chart on the daily timeframe shows a potential breakout above the descending trendline, signaling a bullish reversal. The risk/reward ratio of 3 suggests a favorable trade setup, targeting the 0.47 resistance level (+59.59%) while placing a stop-loss at 0.236 (-19.85%). This trade capitalizes on the higher lows (HLs) forming, indicating building bullish momentum. Volume profile analysis also highlights strong support around the stop level, reinforcing the validity of the setup.STOP-LOSS MOVED TO 0.2437: Adjusting risk on the HBAR/USDT trade. Potential breakout remains intact, targeting 0.47 (+59.59%). Updated stop-loss ensures reduced downside exposure.