HBAR's Path Forward : Key Targets for the Upcoming Alt Season

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As we analyze the current status of **HBAR (HBARUSDT)**, several targets and indicators provide insight into potential movements during this alt season.

1. Current Observations : The price has created two significant lows in **June** and **December**, which I believe need to be swept to confirm bullish momentum.

2. Entry Signals : A perfect buying opportunity appeared in **December**, as indicated by my Trade ON indicator on the weekly chart.

3. Profit-Taking Strategy : It’s essential to take profits when the price trades above the Take Profit indicator’s exit line, signaling a good selling opportunity.

4. Retest Zone : We have seen a retest of the buy line indicated by the Take Profit indicator, and it would be beneficial to observe a sweep of the two previous lows.

5. Fibonacci Levels : The price has been trading within the global **0.27** Fibonacci level since **2021**.

6. Money Flow Insights : The Money Power indicator provides insights into inflows into Hedera, helping us understand previous price movements, particularly in **December 2022**.

7. Targets Ahead : Upcoming targets include sweeping the **April high** and testing the **0.23** global Fibonacci level.

Conclusion :

The future trajectory of HBAR will depend on sweeping past lows and maintaining momentum above critical resistance levels. As alt season approaches, monitoring these targets will be vital for strategic trading decisions. The focus should be on both entry points and profit-taking strategies to capitalize on potential price movements.