[HBAR/USDT] Oversold Rebound Incoming?
Price: $0.15809
Change: -5.72%
Break Even Price: $0.15828
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Chart Analysis (15m TF):
• HBAR is currently in a strong downtrend, but we just printed a “Buy” signal on the latest candle.
• RSI (6) at 44.26 shows slight recovery from oversold zone — potential for a technical bounce.
• Volume appears to stabilize, indicating the selling pressure may be cooling down.
• Price bounced from $0.15619 low, showing buyers are stepping in near this key level.
• All MAs are still above price, so this is a risky countertrend play — but high reward if timed right.
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TL;DR:
Still bearish overall, but this might be the first hint of a reversal. Watch for confirmation — if HBAR breaks above $0.1603 with volume, the bounce could be real. Don’t FOMO, but keep it on your radar!
What do you think? Reversal or dead cat bounce? Drop your thoughts below!