$HBAR /USDT – Bearish Setup Forming After Signs of Exhaustion

Current Price: $0.16085 (-1.45%)

HBAR’s recent rally is showing cracks, with a strong rejection candle printing near the $0.167 mark on the 30-minute chart. Momentum is fading—bears may be getting ready to step in.

Key Levels:

Resistance: $0.1650 – $0.1670

Support: $0.1560 / $0.1490

Short Trade Setup:

Entry Zone: $0.1610 – $0.1630

Targets:

TP1: $0.1565

TP2: $0.1510

TP3: $0.1450

Stop Loss: Above $0.1678

Market Insight:

After a parabolic move up, HBAR hit heavy resistance and saw quick profit-taking. Volume is thinning at the top, suggesting a momentum shift that could lead to a downside move.

Pro Tip:

Keep an eye on $0.1600. If it breaks and flips to resistance, the path down could open up fast.

Let it reject. Let it fade. Then ride the drop.

This could be a clean short setup—stay patient and wait for confirmation.