$HBAR 📉 Current Situation
Trend: clearly bearish (lower highs and lower lows)
Current price: ~0.1226
RSI (6): ~21 → oversold
MACD: negative and still widening → selling pressure continues
Price below the averages (MA/EMA): clear weakness
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🔑 Supports and Resistances
• Immediate support: ~0.121 / 0.120
• Next strong support: ~0.118
• Resistance: 0.128 – 0.130
• Strongest resistance: 0.137
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📌 Practical Decision
• Now is NOT a safe buying point yet.
• Also NOT ideal to sell now, unless it is a short trade without a stop.
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📊 Possible Strategies
1️⃣ Conservative Buy:
• Wait:
• RSI to return above 30
• Reversal candle (hammer / engulfing)
• Or breakout of 0.128 with volume → safer buy after confirmation
2️⃣ For those who already have HBAR:
• Do not sell at the bottom
• Wait for a pullback to 0.128–0.130 to decide
• Protection stop below 0.118
3️⃣ Short/aggressive trade:
• Possible scalp of a bounce, but with a tight stop, as the larger trend is still downward
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🎯 Direct Summary
• ❌ Sell now: bad (oversold)
• ⚠️ Buy now: risky
• ✅ Best action: wait for reversal confirmation
