#CryptoTrading. #Signal🚥.

📊Technical Analysis (1 hour) $HBAR /USDT

1. Price and Trend: The current price is 0.22767 USDT, which is a significant increase compared to the local low of 0.18969. The chart shows an uptrend with a break of the upper Bollinger band (0.22459), which may indicate a potential overbought condition.

2. Bollinger Bands (BOLL): The price has broken through the upper band (0.22459), which may signal a possible correction. The middle line (MB: 0.20249) serves as support, and the lower band (DN: 0.18040) is a strong support level.

3. Volume: The increase in volume (32.325 billion) along with the price confirms the strength of the upward movement. The monthly average volumes (MA(5) and MA(10)) are also growing, which supports the trend.

4. MACD: DIF (0.00637) and DEA (0.00296) show positive dynamics, and MACD (0.00342) is above zero, which confirms the upward trend. The convergence of the lines may indicate a possible weakening of the momentum.

5. Stochastic RSI: Both indicators (100.0000 and 97.46089) are in the overbought zone, which may warn of the risk of a correction.

⚠️Conclusion: The trend is currently up, but overbought (BOLL, Stochastic RSI) and possible weakening of the momentum (MACD) hint at the possibility of a correction to the level of 0.20249 (the middle Bollinger band) or below. It is recommended to monitor the volumes and the support level of 0.18969.