$HBAR
Hello brothers, Ramadan Mubarak to everyone.
A light analysis of HBAR on the daily frame.
📈 The currency is on its way down to test the last support point at $0.17, please do not rush.
🔹The price is heading towards the gap (FVG) at a price of $0.19, we have identified it as an initial entry point, as a precaution for a price rebound at that level.
🔹In case the price breaks the (FVG) point and penetrates it, it will head down towards $0.17, which has been identified as a second entry point, meaning the safe area for entry and reinforcement will be between ($0.17 and $0.19)
🔴 As for the RSI indicator, it is at the 50 point, which confirms the continuation of the price decline.
🔴 The two indicators (MA10 and MA25) are stuck at prices $0.23 and $0.22, which is very far from the current price, reinforcing the continuation of the decline.
In summary: the price is heading towards $0.17 before launching upwards 🚀
So brothers, do not rush to enter now, do not let FOMO control you.
Good luck
