$HBAR HBAR/USDT 15-Minute Analysis: A Strategic Profit Opportunity

Congratulations to Those Who Followed the Bullish Signal!

The predicted rally has delivered exceptional gains, reaching a high of $0.1869 from previous key levels. If you’ve been tracking the analysis, you should have captured a significant portion of this move. Kudos on the profits!

Now Turning to Bearish Potential for Swing Traders

Current Market Context:

• Last Price: $0.17473 (-1.86% from the peak)

• 24H High: $0.1869

• 24H Low: $0.1435

• Volume: A spike at resistance levels indicates potential exhaustion, paving the way for a short-term correction.

Key Indicators:

1. Moving Averages:

• MA(5): $0.17804 – Price trading below this indicates bearish short-term momentum.

• MA(50): $0.16444 – Strong support for medium-term correction targets.

2. RSI Levels:

• RSI(6): 41 – Nearing oversold territory, caution needed for aggressive short positions.

• RSI(12): 51 – Neutral, but trending downward, supporting bearish sentiment.

3. MACD:

• Diverging bearishly, signaling decreasing momentum in the uptrend.

4. OBV (On-Balance Volume):

• Peaking with declining follow-through, a clear sign of reduced bullish conviction.

Support & Resistance Levels:

• Immediate Resistance: $0.1800 (recent rejection zone).

• Key Resistance: $0.1869 (24H high, unlikely to be retested without consolidation).

• Immediate Support: $0.1700 (psychological level).

• Next Support: $0.1640 (aligned with MA(50), strong potential bounce zone).

Bearish Strategy for Swing Traders:

• Entry Zone: $0.1760–$0.1780 if a weak retracement occurs.

• Targets:

• Target 1: $0.1700

• Target 2: $0.1640

• Stop-Loss: Above $0.1810 to minimize upside risk.

Summary:

This is a classic post-rally setup where swing traders can capitalize on profit-taking and bearish reversals. Monitor volume and short at resistance with tight stop-losses. For bulls, patience is key; wait for consolidation around support to re-enter.

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