Technical analysis by AzizKhanZamani about Symbol HBAR: Sell recommendation (4/24/2025)
https://sahmeto.com/message/3446697

AzizKhanZamani
Rank: 31039
HBAR at Critical Resistance — Will the Downtrend Continue?
Sell
Price at Publish Time:
$0.18734

The high time frame structure for HBAR remains clearly bearish. Price action has been following a consistent pattern of lower highs and lower lows. The last major swing high formed when price tapped into the point of control and 0.618 Fibonacci retracement—exactly where HBAR is nowKey Points:- HBAR is testing the same confluence zone (Point of Control + 0.618 Fibonacci) where the last macro lower high was established.- Current price action shows no daily candle closes above resistance and volume remains below average.HBAR is trading at a major resistance zone, showing striking similarities to the previous macro lower high that led to a breakd
Source Message: TradingView