HederaLong
Trading Signal : HEDERA ($HBAR) - 1D - APPROACHING SUPPORT
Technical Analysis:
The price broke out of a Bullish Pennant but faced rejection at $0.39 resistance, where it has been rejected twice before. The recent pullback to $0.23 support presents a potential swing trade entry opportunity within the ongoing uptrend, with +30% upside potential to $0.30 (TP1) and $0.39 (TP2).
Momentum is bearish but improving, as MACD Histogram bars are rising, suggesting that momentum may be nearing an upswing. Price is currently neutral based on RSI-14 (neither overbought nor oversold).
Entry Zone:
Enter near $0.23 support as a swing trade in an uptrend.
Targets (Take Profit):
TP1: $0.30 (+30%).
TP2: $0.39 (if bullish momentum sustains).
Stop Loss:
Below $0.21 to limit downside risk.
This notification constitutes a marketing communication. The information provided does not constitute a recommendation, offer, or solicitation to buy or sell any crypto-asset. It is not intended as investment advice, and no consideration has been given to the specific investment objectives, financial situation, or individual needs of any recipient. Any decision to act on the information provided is made at the sole discretion of the recipient. SwissBorg disclaims any liability for losses arising from the use of this material. Recipients should consult their own professional advisors before making investment decisions.
The price broke out of a Bullish Pennant but faced rejection at $0.39 resistance, where it has been rejected twice before. The recent pullback to $0.23 support presents a potential swing trade entry opportunity within the ongoing uptrend, with +30% upside potential to $0.30 (TP1) and $0.39 (TP2).
Momentum is bearish but improving, as MACD Histogram bars are rising, suggesting that momentum may be nearing an upswing. Price is currently neutral based on RSI-14 (neither overbought nor oversold).
Entry Zone:
Enter near $0.23 support as a swing trade in an uptrend.
Targets (Take Profit):
TP1: $0.30 (+30%).
TP2: $0.39 (if bullish momentum sustains).
Stop Loss:
Below $0.21 to limit downside risk.
This notification constitutes a marketing communication. The information provided does not constitute a recommendation, offer, or solicitation to buy or sell any crypto-asset. It is not intended as investment advice, and no consideration has been given to the specific investment objectives, financial situation, or individual needs of any recipient. Any decision to act on the information provided is made at the sole discretion of the recipient. SwissBorg disclaims any liability for losses arising from the use of this material. Recipients should consult their own professional advisors before making investment decisions.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.