🚨 HBAR: Positive institutional news, but the price is still stuck in a downtrend!
Hedera (HBAR) has made headlines: Lloyds Bank and Aberdeen recently conducted foreign exchange transactions using tokenized assets on the Hedera network in the UK.
📊 Market Update:
* Reference price: around 0.0696 USDT.
* Market cap: around $3.08 billion.
* RSI is around 31, indicating strong selling pressure.
🎯 Spot Strategy:
* Support to watch: 0.0673 USDT.
* Nearby resistance: 0.0721 USDT.
* Consider buying only after the price holds support or closes above resistance with rising volume.
Keep an eye on HBAR—don't rush to buy the dip!
💬 Do you think HBAR can recover in November?
#SMCrypto #HBAR #Hedera #BinanceSquare #SpotTrading
Hedera (HBAR) has made headlines: Lloyds Bank and Aberdeen recently conducted foreign exchange transactions using tokenized assets on the Hedera network in the UK.
📊 Market Update:
* Reference price: around 0.0696 USDT.
* Market cap: around $3.08 billion.
* RSI is around 31, indicating strong selling pressure.
🎯 Spot Strategy:
* Support to watch: 0.0673 USDT.
* Nearby resistance: 0.0721 USDT.
* Consider buying only after the price holds support or closes above resistance with rising volume.
Keep an eye on HBAR—don't rush to buy the dip!
💬 Do you think HBAR can recover in November?
#SMCrypto #HBAR #Hedera #BinanceSquare #SpotTrading