🚀🔥 HBAR/USDT | Are you ready for a new upward move in Hedera? $HBAR 📈💎
👀 By analyzing the chart on the 15-minute timeframe, we notice an attempt to recover after the previous drop, with improving buying momentum and the price approaching an important resistance area.
📊 Technical read:
🟢 Current price: 0.10187$
🟢 RSI(6) indicator: 60.37, indicating improving momentum.
🟡 The EMA(7), EMA(25), and EMA(99) moving averages are converging, and the price needs confirmation of a breakout.
🔹 First support: 0.1017$
🔹 Second support: 0.10136$
🔹 Stronger support: 0.1008$
🔴 First resistance: 0.1024$
🔥 Second resistance: 0.1027$
🎯 Potential trading plan with 19 USDT:
💰 Capital: 19 USDT
✅ Spot trading only, with no leverage or interest-based borrowing.
🟢 Potential entry zone: 0.1017$ – 0.1019$, after confirming support holds and a buy signal appears.
🎯 Take-profit targets:
🥇 First target: 0.1024$
🥈 Second target: 0.1027$
🥉 Third target: 0.1035$, provided the resistance is broken and momentum continues.
🛡️ Risk management:
⚠️ A break below 0.10136$ may weaken the bullish scenario, while a drop below 0.1008$ requires reevaluating the trade.
🚀 Expected scenario: A breakout above 0.1027$ with a 15-minute candle close and a clear increase in trading volume could open the door for another attempt to move upward. However, a failed breakout may send the price back to test support zones.
🤲 May God grant everyone success and halal provision.
#HBAR #Hedera #Crypto #Binance #SpotTrading
👀 By analyzing the chart on the 15-minute timeframe, we notice an attempt to recover after the previous drop, with improving buying momentum and the price approaching an important resistance area.
📊 Technical read:
🟢 Current price: 0.10187$
🟢 RSI(6) indicator: 60.37, indicating improving momentum.
🟡 The EMA(7), EMA(25), and EMA(99) moving averages are converging, and the price needs confirmation of a breakout.
🔹 First support: 0.1017$
🔹 Second support: 0.10136$
🔹 Stronger support: 0.1008$
🔴 First resistance: 0.1024$
🔥 Second resistance: 0.1027$
🎯 Potential trading plan with 19 USDT:
💰 Capital: 19 USDT
✅ Spot trading only, with no leverage or interest-based borrowing.
🟢 Potential entry zone: 0.1017$ – 0.1019$, after confirming support holds and a buy signal appears.
🎯 Take-profit targets:
🥇 First target: 0.1024$
🥈 Second target: 0.1027$
🥉 Third target: 0.1035$, provided the resistance is broken and momentum continues.
🛡️ Risk management:
⚠️ A break below 0.10136$ may weaken the bullish scenario, while a drop below 0.1008$ requires reevaluating the trade.
🚀 Expected scenario: A breakout above 0.1027$ with a 15-minute candle close and a clear increase in trading volume could open the door for another attempt to move upward. However, a failed breakout may send the price back to test support zones.
🤲 May God grant everyone success and halal provision.
#HBAR #Hedera #Crypto #Binance #SpotTrading
