🚨 $HBAR /USDT Technical Analysis & Trade Signal: Bearish Momentum with Key Targets 🎯
Current Price: $0.24035
Trend: Bearish
24h High: $0.25847 | 24h Low: $0.23577
🔎 Technical Overview:
RSI: 40 (Potential for an oversold condition, but trend remains bearish)
50/200-period Moving Averages: Both indicating a bearish trend.
MACD: Below the signal line, confirming bearish momentum.
📉 Bearish Trade Signal:
Entry: Short near $0.240
Stop-Loss: Place above $0.25847 (recent high)
Target Levels:
Target 1: $0.23577 (next support level)
Target 2: $0.23000 (minor support zone)
Target 3: $0.22000 (stronger support zone)
Momentum: The bearish momentum is expected to continue unless there's a sharp reversal. Watch closely for any bullish divergence or price action at key support levels.
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