$HBAR /USDT SHOWING SIGNS OF STRENGTH: Will It Break $0.298?
$HBAR is currently trading at $0.29140 on the 15-minute chart, recovering from a low of $0.27581. The price is now approaching a key resistance at $0.298, which aligns with the recent high. Immediate support lies around $0.283, where buyers previously stepped in to halt the decline. The RSI at 70.5 indicates momentum has turned bullish but remains close to overbought territory, hinting at potential volatility ahead.
For traders looking to capitalize on this setup, a long entry near $0.291 could prove favorable if HBAR sustains its upward momentum. A stop loss at $0.283 ensures protection in case of a pullback. Alternatively, if resistance holds strong and the price reverses, a short entry below $0.283 with a stop loss at $0.291 can offer opportunities.
With volume increasing and the MACD showing early bullish signals, HBAR appears poised for a decisive move. Traders should stay vigilant as the price tests critical levels, signaling the next direction.