$HBAR HBAR/USDT Perpetual (1h) Analysis

Key Metrics:

• Current Price: $0.13911 (+3.10%).

• 24H High/Low: $0.14806 / $0.13146.

• Break-Even Price: $0.16029.

• Moving Averages:

• MA(5): $0.13651.

• MA(10): $0.13713.

• MA(50): $0.14373.

Technical Indicators:

1. Price Action:

• Price rebounded from the support zone at $0.13146.

• Currently trading near resistance at $0.14025 (MA(25)).

2. MACD:

• Bullish crossover detected, with the MACD line above the signal line.

• Indicates potential upward momentum building.

3. RSI:

• RSI(6): 57.83 (neutral-to-bullish range).

• RSI suggests slight upward momentum, with room for further gains before overbought conditions.

4. OBV (On-Balance Volume):

• OBV at 6.26B reflects steady buying pressure, indicating accumulation.

Support & Resistance:

• Immediate Resistance: $0.14025 (MA(25)).

• Secondary Resistance: $0.14373 (MA(50)).

• Immediate Support: $0.13650 (MA(5)).

• Major Support: $0.13146 (24H low).

Outlook & Strategy:

Bullish Scenario:

• If price breaks above $0.14025 (MA(25)), potential targets are:

• Immediate: $0.14373.

• Extended: $0.14800 (24H high).

Bearish Scenario:

• Failure to sustain above $0.13650 (MA(5)) could retest $0.13146.

Trading Plan:

• Entry: Consider long positions above $0.14025.

• Stop Loss: Below $0.13600.

• Targets: $0.14373 → $0.14800.

Key Takeaway:

HBAR is showing signs of recovery with bullish momentum building. Monitor for a breakout above $0.14025 to confirm continuation toward $0.14800. Maintain cautious risk management given proximity to key resistance levels.