🚨$HBAR situation analysis 🚨
What will HBAR do now? Has the rise stopped or will it continue?
HBAR has risen more than 20% in just a few days, which has stirred both enthusiasm and uncertainty in the market. Are we at a temporary ceiling or simply in a pause before a new bullish push? Let's analyze it from a technical perspective across different time frames.
🕒 15-minute chart
A correction is observed from $0.20299 to current levels. This drop, following such a pronounced rally, is perfectly normal and can be considered a healthy correction within a larger bullish trend. Moreover, the price remains aligned with BTC's behavior, reinforcing this reading.
⏰ 1-hour chart
Here, the previous point is clearer: after the bullish impulse, the price corrects, but the outlook remains clearly favorable. There is no significant bearish breakout, and the moving averages still support the structure.
⏱ 4-hour chart
The analysis in this time frame shows a solid bullish trend. The price has merely paused momentarily to gain momentum, with no signs of reversal.
📅 Daily chart
On the daily chart, the recent drop is hardly visible. The overall structure is indisputably bullish, with moving averages clearly surpassed and no signs of immediate exhaustion.
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🧠 Personal conclusion (not financial advice)
Cryptocurrencies are not an exact science, and this is just my personal opinion, but based on technical analysis and the current context, I believe HBAR continues in a full bullish phase. The recent correction seems to me a natural and healthy pause along the way.
For me, this movement barely marks the halfway point of the journey that began a few days ago. Make your own decisions based on your strategy and risk management, but I will continue to follow this asset closely because, in my opinion, the best is yet to come.
Good luck to everyone!