😬 Hedera is slipping into a slow grind down — and the chart looks heavy. The formation of bearish bowl patterns is spreading across multiple timeframes, indicating possible lower highs and declining momentum 📉🥣. This gradual roll-over could mean bigger drops ahead if key support cracks 🚨📉.
📊 The RSI is fading and heading back toward oversold territory, but without strong divergence 🪫🎯. Meanwhile, the MACD remains bearish, with no bullish cross in sight yet 🧯📉. Technicals are pointing to a lack of strength, and there’s no clear breakout signal so far.
🔥 Volume remains thin, with weak green candles failing to overcome sell pressure 💸📉. The market seems hesitant, and buyers aren't stepping in aggressively. A dangerous moment of indecision could give way to a sharper decline if sellers gain control 🧨.
📉 On-chain, wallet growth is slowing 😴📉, and exchange balances are climbing 📈🏦 — both warning signs of weak conviction. Large holders are not accumulating; rather, some whale distribution has been observed 🐳📤.
📢 Social sentiment has cooled off, and community hype is dwindling 📉💬. This lack of engagement often precedes further downside as momentum fades.
⚠️ If this bearish bowl structure plays out, HBAR could retest previous support zones, and patience will be key for any possible re-entry. Watch closely — the slow bleed could turn into a waterfall if volume spikes on the downside.
🚫 Stay cautious. Protect capital. No rush in catching a falling bowl. 🍲💥
⚠️ Not financial advice — always DYOR 🧠📚
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