$HBAR HBAR/USDT Chart Analysis for the Next 12 Hours
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Chart Summary
1. Last Price: 0.29170 USDT
2. 24H High: 0.29657 USDT
3. 24H Low: 0.28989 USDT
4. Key Support and Resistance:
Strong Support: 0.285 USDT
Nearest Resistance: 0.296 - 0.30 USDT
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Key Technical Indicators
1. MACD:
The MACD line is close to the signal line, indicating neutral momentum.
2. RSI (6):
47.42, in the neutral zone, not showing overbought or oversold conditions.
3. Stochastic RSI:
Stochastic RSI (K): 61.72, rising within the mid-area, signaling a potential short-term bullish move.
4. Volume:
Trading volume is low, showing a lack of strong buying or selling pressure.
5. SAR (Parabolic SAR):
SAR dots are above the price, indicating a minor bearish trend, but it is flattening.
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Entry and Stop-Loss (SL) Recommendations
1. Entry Buy:
Entry Level: 0.287 - 0.290 USDT
This level is close to strong support and could be a potential rebound area if buying volume increases.
2. Stop-Loss (SL):
SL at 0.283 USDT, slightly below the strong support to avoid larger losses if the price breaks down.
3. Target Profit (TP):
TP1: 0.296 USDT (nearest resistance).
TP2: 0.30 USDT, if significant buying pressure emerges.
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Trading Strategy for the Next 12 Hours
Buy Area: 0.287 - 0.290 USDT
Stop-Loss: 0.283 USDT
Take Profit:
TP1: 0.296 USDT
TP2: 0.30 USDT
Note: If volume remains low and the price fails to approach 0.296 USDT, avoid taking large positions. Monitor MACD and RSI for signs of improving bullish momentum.