$HBAR /USDT Technical Analysis and Best Trading Strategy Plan 👨🏫 🔐 👇
Current Price: $0.1672
🕒 Timeframes: 1D & 1H
🔁 Change: +2.73% | 24H High: $0.1702 | 24H Low: $0.1609
🧠 Daily Chart (1D) Breakdown:
Trend: Strong downtrend with minor bounce from support near $0.161.
Resistance: Cluster zone at $0.184–$0.185 (EMA & MA confluence).
Indicators: 📉
RSI (14): 34.46 (Oversold zone, possible reversal brewing).
MACD: Bearish momentum still active, but histogram is flattening — early sign of potential curve.
⏳ Hourly Chart (1H) Insight:
Current Price Action: Holding above short-term 20 EMA ($0.1669), approaching resistance near 50 EMA ($0.1691).
MACD: Bullish crossover active — signal line widening.
RSI (14): 49.5 – neutral zone, slightly bullish.
🎯 Trade Strategy Plan
📌 Setup: Scalping to short-term swing trade
✅ Entry: $0.1680 (Above 50 EMA on 1H close)
🎯 Target 1: $0.1720
🎯 Target 2: $0.1760
⛔ Stop-Loss: $0.1640
⏱️ Trade Duration: 6 to 24 hours
💡 Pro Trader Note:
"$HBAR is trying to bounce from a deeply oversold zone. If price breaks and sustains above the 50 EMA on the 1H timeframe, it could trigger a short-term relief rally. Volumes and RSI support this possibility, but be cautious below $0.164."
📌 Global Sentiment:
Cautiously bullish — altcoin sector showing signs of bottoming with low RSI across L1 tokens.
📘 "Smart traders don't predict tops or bottoms—they ride the reversal once it confirms."
📉 Disclaimer: This is not financial advice. Always DYOR (Do Your Own Research) and manage your risk.
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