HBAR Price at Crucial Juncture as Smart Money Leans Long
Hedera's price is coiling at its 200-day moving average of $0.08, and smart money is leaning long.
The short-term setup is bullish, with all three short-term moving averages converged at $0.07 and the price pushing above them.
Momentum is constructive without being reckless, as shown by the RSI sitting just below 60, which means there's no overbought risk here.
The Bollinger %B confirms that price has reclaimed the upper half of its recent range without being stretched thin, giving room to push before the bands start forcing a mean-reversion trade.