Technical analysis by CryptoFiboTrends about Symbol HBAR on 13 hour ago

HBARUSDT HBAR Hedera's Downtrend Test – Support Savior? Current trend: HBAR's tracing a bearish channel, probing the 0.155 support after rejection at 0.23 ceiling—downtrend line intact, but volume easing on sells hints at potential pause 🛡️. Hold support? Decent odds yes; confluence with prior lows and EMA stack could spark defense if buyers pile in. Breakout above resistance? Unlikely short-term without BTC lift—needs 0.23 close for bullish flip and 5-7% rally 🚀. Dip risk? Elevated to 0.15 on channel break, especially if dominance rises. Target: Bounce to 0.18 on hold; downside 0.14 if fails. Indicators tracking: RSI (28, deep oversold), Trendline integrity, and MACD histogram contraction 📉. #HBARTrading #CryptoSupport #FiboTrendCrypto