$HBAR Tonight immediate target:
For HBAR's target tonight, based on current price action and technical indicators, the key levels to monitor are:
Immediate Targets:
1. Resistance Level at $0.07: Given the recent upward momentum, HBAR could test the $0.07 mark. If there's enough buying pressure, it might break this resistance and push towards the next target.
2. Next Target at $0.072: If HBAR manages to break above the $0.07 resistance, the next short-term target is around $0.072. This aligns with a common resistance zone seen on the 4-hour chart timeframe.
Support Levels:
Immediate Support at $0.065: In case of a pullback due to profit-taking or market fluctuations, the nearest support level to watch would be around $0.065 (close to the 25 EMA line).
Technical Indicators Recap:
RSI: The Relative Strength Index is nearing overbought territory, indicating a potential for some consolidation or correction.
MACD: The Moving Average Convergence Divergence (MACD) remains bullish, supporting the possibility of an upward continuation if the current trend holds.
Summary:
If HBAR maintains its momentum and the broader crypto market remains stable tonight, aiming for a target between $0.07 and $0.072 seems reasonable. However, a correction is also possible if it fails to break resistance levels, which could pull the price back towards the $0.065 support zone.