#HBARUSD

Based on the 4-hour chart of HBAR/USDT, several key points can be identified for price movement forecasting for the upcoming week.

Technical Analysis:

1. EMA (Exponential Moving Averages):

• The price is above EMA(7), EMA(25), and EMA(99), indicating a strong upward trend. EMA(7) at $0.17589 serves as the nearest support.

2. MACD:

• The positive MACD value (0.00128) confirms the continuation of bullish momentum, suggesting potential growth.

3. RSI (Relative Strength Index):

• The RSI at 88 shows that the asset is in the overbought zone. This could lead to a short-term correction before further growth.

4. Trading Volumes:

• High volumes support the current dynamics and may contribute to the continuation of the upward trend.

Forecast:

During the week, HBAR is likely to test the resistance level of $0.19–$0.20. However, the RSI's overbought zone may trigger a temporary correction to the $0.17 level. Buyers should keep an eye on the support level at EMA(25) and trading volumes to look for optimal entry points.

#HBARUSD 🚀