$HBAR /USDT – BEARISH TREND PERSISTING
Current Price: $0.23527
24h Change: -7.48%
Timeframe: 4H
TECHNICAL ANALYSIS:
HBAR has slipped sharply from its 24h high of $0.25720, now trading near the 24h low of $0.23283. Price is making lower highs and lower lows, confirming a bearish structure. Recent support levels are getting sliced with little buying defense.
Resistance Levels:
$0.24100 – $0.24300 – Immediate resistance (breakdown area)
$0.25000 – Key swing resistance (bearish invalidation)
Support Levels:
$0.23280 – Immediate support (24h low)
$0.22500 – Next strong support (historical demand zone)
Volume remains high, but it's mostly on red candles, signaling strong sell pressure.
TRADE SETUP (SHORT ENTRY):
Entry: $0.23650 – $0.24100 (on weak bounce or retest)
Targets (TP):
TP1: $0.23280
TP2: $0.22500
Stop Loss (SL): $0.24400
Risk/Reward Ratio: ~2.2:1
RISK MANAGEMENT:
Risk only 1–2% of portfolio
Avoid FOMO entries, wait for confirmations
Secure partial profits early, let the rest trail
Let the trend work for you, not against you.
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