HBAR Technical Analysis Feb 28
The post HBAR Technical Analysis Feb 28 appeared on BitcoinEthereumNews.com.
While HBAR’s RSI at 51.69 wanders in the neutral zone, MACD’s positive histogram indicates bullish momentum, but the overall downtrend and Bitcoin pressure may limit short-term recovery. Trend Status and Momentum Analysis HBAR is trading at the 0.10 dollar level as of February 28, 2026, and experienced a 2.15% decline in the last 24 hours. The daily range is stuck between 0.10-0.11 dollars, and volume remained at moderate levels with 82.78 million dollars. Although the overall trend is downward, momentum indicators are giving mixed signals. Being positioned above short-term EMAs creates bullish hope, while the Supertrend indicator still gives a bearish signal and points to the 0.12 dollar resistance. In terms of momentum, the RSI’s neutral level and MACD’s positive histogram highlight the potential for a reaction buy, but the lack of volume confirmation weakens trend strength. When examining multi-timeframe (MTF) alignment, a total of 12 strong levels were detected in 1D, 3D, and 1W charts: 2 supports/2 resistances in 1D, 3 supports/1 resistance in 3D, 2 supports/4 resistances in 1W. This confluence makes the supports at 0.0949 dollars (score 71/100) and 0.0899 dollars (68/100) critical, while resistances at 0.1005 (76/100) and 0.1040 (73/100) dollars stand out. In this environment where momentum remains weak, a trend change seems difficult without a volume increase. RSI Indicator: Buy or Sell? RSI Divergence Analysis The 14-period RSI is currently at 51.69 and positioned in the neutral zone. This value is far from overbought (above 70) or oversold (below 30) conditions, but despite the recent declines, the RSI’s relative resilience as the price fell to 0.10 dollars is noteworthy. There is no sign of regular bearish divergence; on the contrary, the RSI stabilizing in the 45-55 band while the price makes new lows implies a hidden bullish divergence. This situation indicates that momentum is…
Filed under: News - @ February 28, 2026 12:12 am