$HBAR HBAR/USDT Updated Analysis (4h Chart)

Current Metrics:

• Price: $0.14213 (+1.99%)

• 24H High/Low: $0.14254 / $0.126

• Key Moving Averages:

• MA(5): $0.13842

• MA(10): $0.13953

• MA(25): $0.14283

• MA(50): $0.13712

Key Observations:

1. Price Movement:

• The price has broken past key resistance at MA(10) and is approaching the MA(25) at $0.14283. This shows bullish momentum.

2. RSI Momentum:

• RSI(6): 60.18

• RSI(12): 54.03

• RSI levels above 60 indicate increasing bullish strength, with potential for continued upward movement.

3. MACD:

• Positive MACD values show a mild bullish divergence, confirming momentum is in favor of buyers.

4. Volume:

• Volume has increased slightly, indicating higher market participation and support for the current upward trend.

Scenarios to Watch:

Bullish Scenario:

• Trigger: Sustained price above MA(25) ($0.14283).

• Target Levels:

• $0.145 (short-term resistance).

• $0.150 (key psychological resistance).

Bearish Scenario:

• Trigger: Rejection at $0.14283 or failure to hold above $0.140 (MA(10)).

• Target Levels:

• $0.137 (recent support).

• $0.133 (strong support zone).

Trading Strategy:

Long Positions:

• Entry: Above $0.143 for breakout confirmation.

• Stop Loss: Below $0.139.

• Targets: $0.145 and $0.150.

Short Positions:

• Entry: Below $0.139 on rejection at resistance.

• Stop Loss: Above $0.142.

• Targets: $0.137 and $0.133.

Summary:

HBAR/USDT is showing bullish signs as it approaches the resistance at MA(25). Watch for confirmation of a breakout above $0.143 to target higher levels. Maintain strict risk management.