📉 HBAR/USDT Market Analysis (30-Min Chart) – Binance
📅 Date: Feb 12, 2025 – 08:13 UTC
💰 Current Price: $0.2262
📊 Volume: 22.96K (Low, no major breakout yet)
⚡ Trend: Bearish but attempting a reversal
Key Levels:
Resistance: $0.2301 | $0.2326 | $0.2350
Support: $0.2230 | $0.2200
Technical Indicators:
✅ Moving Averages: Price is below 50 & 200 EMA (bearish), but a breakout above $0.2301 could signal reversal.
✅ RSI & ADX:
RSI: 46.62 (Neutral, slight bullish momentum).
ADX: 39.71 (Strong trend, but bears still in control).
DI- (16.80) > DI+ (12.37): Bearish dominance weakening.
Trading Plan:
🟢 Long (Buy) – If HBAR Breaks Above $0.2301
Entry: $0.2305 - $0.2320
Stop-Loss: $0.2260
Take-Profit: $0.2350 - $0.2400
✅ Confirmation: Breakout with strong bullish volume.
🔴 Short (Sell) – If HBAR Drops Below $0.2230
Entry: $0.2220 - $0.2200
Stop-Loss: $0.2265
Take-Profit: $0.2150 - $0.2100
✅ Confirmation: Breakdown with high selling volume.
⏳ Trade Duration: 3-6 Hours
📢 Conclusion:
HBAR remains bearish unless it reclaims $0.2301 with strong volume. Watch for a potential breakout or further downside if support breaks.
📌 Disclaimer: Not financial advice. Always do your own research! 🚀
