🚨 $HBAR Slips to $0.27004 – Will the Bulls Defend the Support Zone?
$HBAR is currently trading at $0.27004, marking a significant 7.46% drop over the last 24 hours. The price has declined from its 24-hour high of $0.31174, with strong selling pressure pushing it close to its daily low of $0.26604. The RSI at 38.62 indicates bearish momentum, approaching oversold conditions, while the MACD remains negative, signaling sustained downward pressure.
HBAR is now hovering above a critical support zone at $0.26604, where bulls will need to step in to prevent further declines. A rebound from this level could signal a potential recovery, with resistance near $0.27932 as the next target. However, failure to hold above support may trigger a deeper correction. Volume and momentum will play a key role in determining the next move for HBAR.