$HBAR /USDT has been in a strong uptrend recently, with the price surging from a low of around $0.15 to the current level of $0.20161
The Relative Strength Index (RSI) is currently at 94.31884, indicating overbought conditions. This suggests that a correction or consolidation phase may be imminent.
Current Price: $0.20161
Entry Price: $0.20161 (buy on dip if possible)
Resistance Levels:
* $0.20558 (24-hour high)
* $0.20795 (depth chart)
Support Levels:
* $0.19060 (depth chart)
* $0.17326 (depth chart)
Take-Profit Targets:
* Target 1: $0.20558 (24-hour high)
* Target 2: $0.20795 (depth chart)
* Target 3: $0.21000 (psychological level)
Stop Loss: $0.19060 (depth chart)
Caution:
Traders should be cautious as the current price action is overbought. A correction or consolidation phase may occur before further upside. Watch for stability or potential breakout signals from the current consolidation range.
