$HBAR HBAR/USDT Perpetual Analysis

Key Metrics:

• Price: $0.14035 (-4.58%).

• 24H High/Low: $0.15037 / $0.13347.

• Break-Even Price: $0.16029.

Technical Analysis:

1. Price Movement:

• The price is trending below all critical moving averages (MA5, MA10, MA25, and MA50).

• Indicates bearish pressure, with immediate support at $0.138 and resistance near $0.145.

2. Indicators:

• RSI (6): 42.48 (Neutral-Bearish).

• MACD: Negative divergence, reflecting ongoing bearish momentum.

• OBV: Declining, signaling low buying volume and selling dominance.

3. Volume Activity:

• The recent volume surge reflects increased selling pressure, pushing the price below key moving averages.

Trading Strategy:

Bearish Scenario:

• If the price breaks below $0.138:

• Short Entry: $0.138.

• Target: $0.130.

• Stop Loss: $0.145.

Bullish Reversal:

• Look for a strong bounce above $0.145 with higher volume.

• Long Entry: $0.146.

• Target: $0.152 - $0.155.

• Stop Loss: $0.138.

Market Sentiment:

Currently bearish, but oversold conditions on lower timeframes suggest potential for short-term reversal. Trade cautiously, following the volume and price action closely.