Market Update: $HBAR / USDT (4-Hour Chart)

​We are closely monitoring the price action of #HBAR on #Binance.

​Key Observations:

​Critical Support: The price is testing the Support 1 zone defined at 0.08800.

​Momentum Indicators: The RSI(14) is in oversold territory, suggesting a possible exhaustion of bearish pressure and a technical rebound. The MACD shows bearish momentum that is starting to decrease.

​Resistance Zones: If there is a rebound, we will face significant resistance in the 0.09100 - 0.09382 zone, which aligns with key Fibonacci levels and upper moving averages.

​Volatility Compression: The Bollinger Bands are tightening, indicating that a more significant price movement is approaching.#ScalpingTrading