Technical analysis by Richtv_official about Symbol HBAR: Buy recommendation (8/5/2025)

HBAR has surged 100% recently. With the broader market entering contraction, we’re now watching for a healthy retracement into key support, aligning with the 50% Fibonacci level and a fair value gap (FVG). This could be the formation of a higher low before continuation. 🔍 Setup Overview: Entry Zone: $0.22 – $0.19 Take Profits: $0.26 / $0.32 / $0.37 Stop Loss: Daily close below $0.18 Bias: Bullish continuation from support 🧠 Trade Idea: Price is approaching a confluence zone of Fib support and unfilled imbalance. As long as daily structure holds above $0.18, the bullish case remains intact. This zone offers an attractive long setup for the next move higher, targeting previous resistance levels. ⚠️ Invalidation: A daily close under $0.18 would break structure and invalidate the setup. Monitor price action and volume confirmation around this support zone for entry timing.