$HBAR Printing an ABC in wave 4?

Wave C of an ABC correction in wave 4 appears to be underway in HBAR

This would see price have a quick drop below the daily pivot testing the major support High Volume Node and rising daily 200EMA as support before continuing up in wave 5. This is also the .382-.5 Fibonacci retracement a typical area for wave 4 to end per Elliot wave rules. Lots of confluence in this area.

RSI is still making its way down from overbought. Investor psychology is still irrationally bullish giving opportunity for professional traders to make some volatility bucks.

Analysis is invalidated if price breaks $0.273 upgrading the count to wave 4 completing at the current wave (a) bottom.

Safe trading