$HBAR
HEDERA STOPPED THE DOWNTURN AND LOOKS FOR A BOUNCE AT $0.106.
HBAR held up in the hot zone after the pullback and is moving at $0.1064, trading just above the short-term moving averages on the 1-hour chart.
Technical outlook:
● After hitting a peak of $0.1309, the price corrected but found support in the EMA area.
● On the 4-hour timeframe, the RSI remains neutral around 51 points, and the buying volume is trying to stabilize the pullback.
Key levels to watch:
If the bulls defend this base and the order flow holds up, the asset is well positioned to go after the upper resistance again. If it breaks below this level, keep a close eye on the EMA(200) underneath.
#hbar #crypto #TradingCommunity #TrendingTopic #AltSeasonComing
TRADE HERE 👇
HEDERA STOPPED THE DOWNTURN AND LOOKS FOR A BOUNCE AT $0.106.
HBAR held up in the hot zone after the pullback and is moving at $0.1064, trading just above the short-term moving averages on the 1-hour chart.
Technical outlook:
● After hitting a peak of $0.1309, the price corrected but found support in the EMA area.
● On the 4-hour timeframe, the RSI remains neutral around 51 points, and the buying volume is trying to stabilize the pullback.
Key levels to watch:
If the bulls defend this base and the order flow holds up, the asset is well positioned to go after the upper resistance again. If it breaks below this level, keep a close eye on the EMA(200) underneath.
#hbar #crypto #TradingCommunity #TrendingTopic #AltSeasonComing
TRADE HERE 👇
