📉 $HBAR · 4H
Buyers have been showing up around $0.0876, which is where price is sitting now. $HBAR is at $0.0890, under both its 20 and 50 4-hour averages. It is sitting in the bottom third of the range. Support is the near one at 1.6% below; the range high is far above. This shift is fresh: the 20 has been below the 50 for only 11 candles. RSI has dropped to 24, the kind of reading that usually comes with a bounce attempt. The 24 hour range runs $0.0876 to $0.0968, and price is near the bottom of it. Volume is thin, around 0.5x the recent average, so moves here are easier to fade. Down 4.6% over 24 hours.
Binance spot data. ⚠️ DYOR
$HBAR #Binance
Buyers have been showing up around $0.0876, which is where price is sitting now. $HBAR is at $0.0890, under both its 20 and 50 4-hour averages. It is sitting in the bottom third of the range. Support is the near one at 1.6% below; the range high is far above. This shift is fresh: the 20 has been below the 50 for only 11 candles. RSI has dropped to 24, the kind of reading that usually comes with a bounce attempt. The 24 hour range runs $0.0876 to $0.0968, and price is near the bottom of it. Volume is thin, around 0.5x the recent average, so moves here are easier to fade. Down 4.6% over 24 hours.
Binance spot data. ⚠️ DYOR
$HBAR #Binance