Technical analysis by AliferCrypto about Symbol HBAR: Buy recommendation (4/19/2025)

HBARUSDT has spent months correcting after a strong rally and is now compressing within a falling wedge — which could also be interpreted as a bull pennant.Two Potential Scenarios• Falling Wedge – A classic reversal setup with bullish RSI divergence and declining volume. Measured target: ~$0.335.*• Bull Pennant – A continuation pattern formed after the late-2024 impulse. Measured target: ~$0.525.*Early Bullish Signs• Declining volume as the pattern developed could signal waning seller strength.• RSI breaking out of a multi-month downtrend, and retesting the resistance as support, can be a leading signal of a subsequent price breakout.Key Levels• $0.050 – Multi-year demand zone.• $0.120 – Current support + HVN* + previous S/R + 0.786 Fib.• $0.180 – Resistance + HVN + previous S/R + 0.618 Fib.• $0.280 – HVN + prior swing high + likely resistance.• $0.320–$0.460 – Monthly supply zone (in place since March 2021).• $0.335 – Falling wedge measured target (depending on breakout timing)**.• $0.360–$0.400 – Daily sell-side order block, expect resistance.• $0.525 – Bull pennant target (depending on breakout timing)**.* Wedge and pennant targets are measured from the breakout point, so the actual target will vary the longer we spend within the pattern.** HVN: High Volume Node — zones of concentrated past trading activity, reinforcing S/R relevance.⚠️ Until a clean breakout occurs, HBAR remains in a compression phase and a No-Trade Zone.Ongoing price breakout attempt.Breakout is in, now testing the $0.180 resistance.