$HBAR

👩🏻‍💻👩🏻‍💻🚨🚀🧚‍♀️

Market Insights:

1. Bollinger Bands:

The price is near the lower Bollinger Band, indicating a potential rebound to the upside.

2. Stochastic RSI:

Currently at 67.3, showing positive momentum. If it continues to rise, it may confirm a strong buying signal.

3. Volume Analysis:

There was a significant increase in trading volume recently, suggesting strong market interest.

4. Support Level:

The price is hovering near a key support zone at $0.128–$0.129. If this level holds, it could serve as a good entry point.

Strategic Note on Yesterday’s Pump:

• HBAR saw a significant pump yesterday, which explains the current price correction. This pullback is natural as the market consolidates before potentially continuing its upward trend.

Buying Strategy:

1. Entry Point:

Wait for a confirmation above $0.131 with increasing volume before entering the market. This will signal renewed bullish momentum.

2. Stop Loss:

Set a stop-loss just below $0.127 to minimize risk in case the support level breaks.

3. Profit Targets:

• First Target: $0.135

• Second Target: $0.14

These levels represent short-term resistance zones where profit can be taken gradually.

4. Risk Management:

Avoid over-leveraging as the price is still in a consolidation phase.

Summary:

HBAR’s pullback today is a healthy correction after its recent surge. With strong support near $0.128 and growing interest, this could be a great opportunity to enter if momentum turns bullish again. Keep an eye on volume and RSI for confirmation.