Hedera

HBAR back in the channel!

518
HBAR Price is back in the descending range after dropping below during the flash crash, which can be viewed as an anomaly.

Wave 2 appears complete at the golden pocket Fibonacci retracement. Price was rejected at the daily 200EMA and channel upper boundary and has lost the daily pivot and High Volume Node, suggesting further downside is to come.

📈 Daily RSI reached oversold and has printed hidden bullish divergence, which is bullish

👉 Continued downside has a target of the $0.13 High Volume Node

Safe trading

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