$HBAR HBAR/USDT Technical Overview
HBAR is currently trading at $0.22617, showing a strong 14.06% intraday gain. The 15-minute chart reveals a sharp upward move, with price touching a high of $0.23050. The RSI is at 74, indicating overbought conditions, while the MACD shows bullish momentum with a positive histogram and upward crossover.
Strategic Insight:
Given the current momentum, an ideal buy zone would be around $0.215–$0.220, where previous consolidation and volume support suggest a healthy entry. If the rally continues, a sell zone could be considered near $0.235–$0.240, where price may face resistance from short-term profit-taking and RSI saturation. A prudent stop loss would sit just below $0.208, guarding against a breakdown below recent support.
Perspective:
This setup offers a compelling short-term opportunity. The volume spike and MACD alignment suggest momentum is real, but the elevated RSI calls for caution near the top. If HBAR breaks above $0.240 with volume confirmation, it could signal a broader trend reversal.
DYOR and keep an eye on this one. Inshaallah we will make great gains guys.
