⚡ $HBAR +16.8% with RSI above 92 — bullish momentum is strong, but chasing here is risky
my bias is bullish on the 1h — price is holding above the Supertrend at 0.09867 and SAR at 0.09539, while the breakout pushed price from the 0.0953 area toward the 0.11280 high
MACD is strongly positive and expanding, confirming aggressive momentum, but RSI at 92.6 shows the move is extremely stretched, so I would avoid chasing the current candle
I expect a pullback/retest around 0.1092–0.1060; a clean hold and reclaim can open another move toward 0.1128, followed by 0.1136
if price loses 0.1046 with a 1h close, the breakout momentum starts weakening and a deeper retracement becomes possible
key idea: bullish trend, but wait for confirmation or a controlled retest rather than buying into the vertical spike
#HBAR #HBARUSDT #CryptoTrading #Altcoins #BinanceSquare $HBAR
my bias is bullish on the 1h — price is holding above the Supertrend at 0.09867 and SAR at 0.09539, while the breakout pushed price from the 0.0953 area toward the 0.11280 high
MACD is strongly positive and expanding, confirming aggressive momentum, but RSI at 92.6 shows the move is extremely stretched, so I would avoid chasing the current candle
I expect a pullback/retest around 0.1092–0.1060; a clean hold and reclaim can open another move toward 0.1128, followed by 0.1136
if price loses 0.1046 with a 1h close, the breakout momentum starts weakening and a deeper retracement becomes possible
key idea: bullish trend, but wait for confirmation or a controlled retest rather than buying into the vertical spike
#HBAR #HBARUSDT #CryptoTrading #Altcoins #BinanceSquare $HBAR