$HBAR is down 16.40% on the week and still up 27.19% on the month, and i think the week is the dip, not the turn.
daily RSI is 58 and the daily MACD histogram is still positive, so the trend got shaken, not broken. volume over the last 5 days is running 0.57x the prior 20 days. to me that reads like sellers running out of stock, not new ones showing up.
setup score is 8 out of 14. that's not a 12 and i won't dress it up. but the daily stack is intact and the 4H MACD is positive too.
$HBAR trades at $0.102 right now. if it holds yesterday's low at $0.10069, i think it walks back up to yesterday's high at $0.10441. if it loses $0.10069, i'm wrong on this and there's nothing to defend. if you're long, that break takes the bounce away and you're just holding a bigger loss.
holding $0.10069 or losing it?
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daily RSI is 58 and the daily MACD histogram is still positive, so the trend got shaken, not broken. volume over the last 5 days is running 0.57x the prior 20 days. to me that reads like sellers running out of stock, not new ones showing up.
setup score is 8 out of 14. that's not a 12 and i won't dress it up. but the daily stack is intact and the 4H MACD is positive too.
$HBAR trades at $0.102 right now. if it holds yesterday's low at $0.10069, i think it walks back up to yesterday's high at $0.10441. if it loses $0.10069, i'm wrong on this and there's nothing to defend. if you're long, that break takes the bounce away and you're just holding a bigger loss.
holding $0.10069 or losing it?
follow me for more calls like this.
