Current Price: $0.2597
Timeframe: 1H (Spot Trading)
Key Levels (Fibonacci)
Immediate Resistance: $0.2645 (Fib 0.786) — A breakout could aim for $0.2700–$0.2740
Near-Term Support: $0.2561 (Fib 0.5) — Holding here may trigger a bounce
Lower Support: $0.2518 (Fib 0.382) and $0.2464 (Fib 0.236) — Watch for deeper dips if momentum fails
Buy Zone 💹
$0.2561–$0.2590 — Price is hovering around mid-Fib support with Stoch RSI rising from oversold (~27), suggesting potential upside if buying pressure builds.
Sell Zone 📉
$0.2645–$0.2700 — Previous rejection zone near upper Fib resistance; sellers may re-enter here if momentum stalls.
Spot Trader’s Plan
Buy Alert: Enter if price holds above $0.2561 with Stoch RSI crossing up. Target $0.2645+
Sell Alert: Take profit or short if rejection occurs near $0.2645–$0.2700. Stop-loss above $0.2740.
🚀 Ready to act? Trade now by clicking the $HBAR cashtag and seize the opportunity before the next move!
