$HBAR Based on the HBAR/USDT chart shared, here’s a quick update for the Binance community:

🚀 HBAR/USDT Update: Momentum Maintained but Beware of Overextension 🚀

• Current Price: $0.35775 (+14.79% in 24h)

• RSI Levels: RSI (6) is 96.33, showing extreme overbought conditions. Traders should expect a possible cooldown or pullback.

• Volume: High trading volume continues, reflecting strong interest but also potential exhaustion.

• MACD: The MACD shows consistent upward momentum but is nearing levels where divergence may occur.

Key Levels to Watch:

• Resistance: $0.365 (current local high). Breaking this could lead to further bullish movement.

• Support: $0.284 (recent consolidation zone).

Strategy:

1. For Bulls: Lock in partial profits or move stop-losses to secure gains.

2. For Bears: Monitor for signs of reversal (e.g., bearish candlestick patterns).

3. New Entries: Risk-reward might be unfavorable at this level; better to wait for a pullback.

What’s your take on HBAR? Will it break past $0.365 or correct back to support? Let us know your thoughts!

Stay informed, stay safe. Happy trading! 🚀