In the long term, HBAR is very promising and could give investors great gains.

But, from a trading point of view, the daily chart is giving us an overextended RSI with strong bearish divergence, typical of a wave 5.

As a trader, I will wait for pullbacks in order to look for long trades.

Wave 4 bottom (around 0.12) could offer support for further upside, but it still too early to tell.
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