Technical Analysis $HBAR

📉 Trend and Price

• Current Price: 0.14550 USDC

• Trend: bearish – confirmed by the slope of the averages and price pattern

• Last minimum: 0.12476 (strong local support)

• Last maximum: 0.28773 (very distant, chart in a long bearish trend)

⸻

📊 Technical Indicators

1. Bollinger Bands (20, 2)

• Upper Band (UP): 0.18289

• Middle Band (MB): 0.16118

• Lower Band (DN): 0.13948

👉 Price is approaching the lower band, indicating oversold – a possible short technical bounce, but does not confirm a trend change.

2. RSI (Relative Strength Index)

• RSI(6): 19.96 (strongly oversold)

• RSI(12): 28.09 (oversold)

• RSI(24): 36.71 (close to the oversold threshold)

👉 All RSIs indicate market oversold – possible upward reaction, but does not guarantee a lasting trend change.

3. MACD

• DIF: -0.00932

• DEA: -0.00798

• MACD: -0.00135

👉 MACD still below zero, signal of weakness – no signs of trend reversal.

4. Moving Averages

• MA(5): 49.6M volume

• MA(10): 52.3M volume

👉 Volume is slightly decreasing, confirming trend weakening.

⸻

🟢 Supports and Resistances

• Support:

• 0.14080 (lowest price in 24h)

• 0.12476 (local bottom)

• Resistance:

• 0.15156 (peak in 24h)

• 0.16118 (middle Bollinger band / MA20)

📌 Scenarios

• Base Scenario (short-term): possible technical bounce to around 0.151–0.161, but without much strength – market still in correction.

• Negative Scenario: breaking below 0.14080 may lead to testing 0.12476 (strong support).

• Positive Scenario: breaking above 0.161 may indicate an attempt to change the trend – not confirmed yet.