🚀 Analysis of Currency $HBAR (#hedera ) 🚀
Good times to you, today our focus is on currency $HBAR . The currency is currently trading in pivotal areas, and here is a summary of the technical movement according to the latest data:
• Current price: around $0.091 - $0.092.
• Technical indicators analysis:
• RSI: the indicator is currently giving a reading of around 46, which means we are in a neutral zone leaning towards a decline, but we are waiting for a clear rebound signal.
• Moving averages (MA): the price is facing pressure below the 200-day average which started to tilt downwards since the end of January, and this shows us that the overall momentum still needs time to strengthen.
• General situation: the currency is in a phase of "accumulation" or sideways movement, and we are waiting for liquidity to come in to raise the price and break through resistance areas.
📉 Targets and important areas:
• First target: $0.105 (area for regaining positive momentum).
• Second target: $0.125 (strong technical resistance).
• Third target (long-term): $0.150.
• Stop loss: daily close below $0.090 (because breaking this level could lead us to lower areas).
Note: Always keep an eye on the movement of "Bitcoin" as it directly affects $HBAR and other altcoins. The safest entry would be after breaking the level of $0.105 with high volume.

