Technical analysis by chethanlobo11 about Symbol HBAR: Buy recommendation (8/19/2025)

Hedera has been consolidating inside a massive symmetrical triangle since late 2023. The structure is clear, with higher lows from November 2023 and lower highs from April 2024. Price is now trading near the apex, suggesting a decisive move is imminent. 🔹 Support Zone: $0.20 – $0.21 🔹 Resistance Zone: $0.25 – $0.27 Bullish Scenario: A confirmed breakout above $0.27 with strong volume could trigger a major rally. The measured move from the triangle projects targets towards $0.55 – $0.60. Key resistance levels to watch on the way up: $0.30 $0.35 $0.45 Final target: $0.55+ Bearish Scenario: If price breaks below $0.20, the triangle setup would fail, with possible pullbacks towards $0.18 → $0.15 → $0.12.