Insights

🚨 HBAR Market Update – Key Resistance & Potential Breakdown 🚨 📉 Hedera Hashgraph (HBAR) is forming a descending wedge pattern, typically seen as a bullish reversal signal. However, historical trends in crypto suggest these patterns often break downward. Market Overview 💰 Current Resistance: $0.173 - $0.191 📉 Downside Targets: $0.128 - $0.127 🔵 Current Trend: Bearish (Wave 4 Correction) Key Scenarios 📌 Blue Scenario (More Probable): HBAR remains below resistance ($0.173 - $0.191) Further downside expected toward $0.128 - $0.127 Gradual correction, not a direct drop 📌 White Scenario (Less Likely): If HBAR breaks above $0.191, expect a move toward $0.28 Would indicate a broader ABC correction, possibly shifting to bullish Trading Strategy 🔻 Bearish Case: If HBAR stays below resistance, short-term traders should anticipate lower lows. 📈 Bullish Case: A break above $0.191 would signal strength, potentially leading to $0.28. Final Thoughts ⚠️ HBAR is still in a correction phase, and the downtrend remains intact unless bulls reclaim $0.191. A retest of $0.128 - $0.127 seems likely before any potential reversal. 📢 Stay updated for the next market move! $HBAR