🔥$HBAR consolidating but maybe some hope on the horizon?
It's basically stuck in that same tight range we've seen for weeks. Feels like the market's taking a breather after that big drop from the highs earlier this year (down like 50%+ from 0.24).
*Quick volume check: 24h volume spiked to around 458M, which is higher than usual lately. Could be some capitulation selling or maybe early accumulation? Hard to say for sure.
*Capital flows: Mixed bag.
- Spot outflows are steady (negative across 24h, 3d, etc.), people moving coins out of exchanges.
- But contracts had a decent inflow in the last 12h (+1.55M), and shorter timeframes (30m-1h) showing some buying pressure too.
*Price action $HBAR We're testing that 0.108-0.115 support zone again. Oversold on some indicators, and we got a small bounce today (+3%). But overall trend is still bearish – not ready to call a bottom yet.
*My take $HBAR Cautious dip-buying if you're feeling brave, but tight stops are a must.
I'd look for entries around 0.105-0.108 if it dips more.
Targets could be 0.118-0.120 first (MA20 area), maybe up to 0.123 if volume picks up.
SL below 0.102 to be safe
*Bottom line: Counter-trend play here – risk is still to the downside. If we break below 0.097, it could get ugly. But if we hold and start pushing up with real volume, might see some relief rally. #hbar #HBARUSDT #hedera