$HBAR HBAR Alert 🚨 | Bearish Flag Forms — Time to Consider Short Entry? 📉🚩

The charts for HBAR are flashing warning signs as a bearish flag pattern takes shape, suggesting a potential downside move ahead ⚠️📊. After a sharp drop, the price is consolidating tightly, setting up for a possible continuation of the downtrend 🐻🔻.

📉 Technical indicators support caution:

The RSI is trending lower, staying under key resistance levels 🎯📉

The MACD remains bearish, with no signs of a reversal yet 🔄❌

Volume is drying up during the consolidation, often a precursor to a breakdown 📉🛑

🛡️ On-chain data shows increasing sell pressure as exchange balances rise 📈🏦, indicating that holders may be offloading positions. Large wallets are quietly preparing for potential downside moves 📦🐳.

📢 Social sentiment is turning cautious as traders discuss potential short opportunities and bearish setups across platforms 📉💬. The crowd is wary, and FUD could intensify if support levels break.

⏳ Entry for shorts looks favorable if price breaks below the flag’s lower trendline with volume confirmation ⚡🚪. Tight stop losses are crucial to manage risk given crypto’s volatility ⚖️🛡️.

Bear flags often lead to sharp declines, and HBAR could follow suit if this pattern confirms. Keep an eye on critical support zones and be ready to act if momentum shifts 📌📉.

⚠️ Not financial advice — always DYOR 🧠📚