Eyeing the $12.5 Target

HBAR is currently encountering a pivotal resistance level, marking a critical juncture in its pricing trajectory. This level is identified as the primary resistance zone, indicative of a significant barrier in its upward movement.
Market analysis suggests the potential for a pullback and subsequent correction phase as the price interacts with this resistance.
Such a retracement is a common phenomenon in asset pricing behavior, reflecting a consolidation of gains and a reassessment of market value.
Should HBAR successfully navigate this resistance and the accompanying market dynamics, there's a plausible scenario where it could advance towards a higher resistance target, specifically the $12.5 mark.

This analysis is for guidance only and shouldn't be taken as direct trading advice.