⭐Analysis and Trading Plan $HBAR ⭐

🔥Technical Analysis: Trend: HBAR is in a strong uptrend, reaching a new peak at $0.268 (+11.51%).

🔥Indicators: RSI at 84.7, indicating an overbought state, likely to experience a correction. Short-term MA is sloping up, confirming the uptrend.

💰Support: $0.24 - $0.245 and further down at $0.22.

💰Resistance: $0.27 - $0.28. If surpassed, the target could rise to $0.30.

💰Trading Volume: Strong increase, supporting the uptrend but needs monitoring if volume decreases.

🔥Trading Plan:

⭐Bullish Scenario:

Conditions: Price holds above $0.24 - $0.245.

Strategy: Entry: Buy at $0.27 (breakout) or $0.24 (support).

Target: $0.28 - $0.30.

Stop Loss: Below $0.24.

⭐Correction Scenario:

Conditions: Price corrects to $0.24.

Strategy: Entry: Buy at $0.24 when there is a reversal signal.

Target: $0.27 - $0.28.

Stop Loss: Below $0.23.

⭐Bearish Scenario:

Conditions: Price breaks below $0.24.

Entry: Short at $0.24.

Target: $0.22 - $0.20.

Stop Loss: Above $0.245.

⭐Risk Management

Maximum risk 2-3% of account. Risk:Reward ratio at least 1:2.

💥Note:

Monitor news related to HBAR and the general market (BTC, ETH). Avoid FOMO and adhere to the trading plan.