Hbar has shown signs of strength in recent weeks, climbing regularly to reach heights of several months.
However, Altcoin is now just below a key resistance level. The market remains divided, because the optimism of investors comes up against increasing concerns of saturation and profit to profit.
Hbar merchants are optimistic
Merchants seem bullied on Hbar, as evidenced by the coherent positivity of its funding rate. For more than a month, this rate has remained in green. Twice this week, the funding rate has increased, signaling the domination of long positions.
This shows that traders bet on continuous gains and actively open long contracts with leverage.
Such behavior is generally aligned with market confidence. These investors expect the Hbar price to increase and try to obtain profits before a potential escape. However, high optimism can sometimes point out the peak of a rally, causing the prudence of other market segments.
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The flow of Silver Chaikin (CMF), a critical technical indicator, painted a more cautious image. Currently, the CMF sees a macro drop, although it still holds above the zero neutral line. This suggests that if entries are present, outputs are starting to grow, showing that some investors are leaving their positions.
This change indicates concerns about the sustainability of the rally. While Hbar addresses a probable saturation point, many carriers choose to secure gains. These opposite behaviors of short -term merchants and long -term investors keep hbar in an showdown, limiting its momentum in both cases.
The Hbar Prize could fall
Hbar is currently at a price of $ 0.26, oscillating just under the key resistance of $ 0.27. The mixed signals of the funding rate and the CMF suggest that a decisive movement is not yet to be formed. For the moment, Hbar is likely to remain linked to the beach unless an side is gaining the upper hand.
If the consolidation continues and investors regain confidence, Altcoin could pierce $ 0.27. This would open the door to test the brand of $ 0.30, giving traders a psychological boost and strengthening the bullish feeling.
However, if the intensification sale and investors become opposed to the risk, Hbar could fall back to the support of $ 0.24. The violation of this level would point out the descent more, perhaps lowering the price at $ 0.22 and invalidating the bullish case in the short term.
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