Will $HBAR Reach New Highs? ๐
Quick Technical Analysis:
HBAR is riding strong bullish momentum, up 41.25%, and trading at $0.35426. With RSI hitting 90+, HBAR is in overbought territory, but the volume and momentum suggest further upside potential.
Key Observations:
โข Volume Surge: 4.18B HBAR traded in the last 24 hours indicates strong buyer activity.
โข RSI: Extreme levels hint at sustained bullish enthusiasm, though some caution is advised.
โข Support Levels: Immediate support at $0.30.
โข Indicators: Moving averages (7-day, 25-day) show consistent upward trends.
๐ 5 Potential Bullish Targets:
1. $0.40 โ Short-term psychological resistance.
2. $0.45 โ Momentum continuation.
3. $0.50 โ Testing key resistance.
4. $0.57 โ Approaching ATH (All-Time High).
5. $0.65+ โ Long-term breakout potential.
โ ๏ธ DYOR (Do Your Own Research): High RSI signals caution. Keep stop-losses tight and trade wisely.