📉 HBAR under pressure — breaking local support!
Price $HBAR sharply dropped to $0.1566, demonstrating strong bearish pressure on the short timeframe.
🔍 Technical analysis: • Support in the $0.1570 zone has been broken
• RSI indicates oversold conditions, but the bounce has not yet been confirmed
• Volumes are increasing on the decline — a sign of strengthening selling pressure
⚠️ What does this mean?
As long as buyers do not show activity, the price may test the minimum of $0.1544 or even lower.
For a reversal, it's important to see a hold above $0.1575 and the formation of a bullish candle.
🧠 To traders: caution on local bounces. The main trend is down.
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