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Maxim S
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📊 HBAR / USDT – Inverted Cup with Handle
The HBAR coin on the 2H chart is forming a bearish pattern called an inverted cup with handle, which may indicate further declines if the price consolidates below key support.
🔍 Current Price: 0.2592 Pattern High: 0.2719 Support (Neckline): 0.2546
💡 Technical Picture:
The formation indicates a gradual weakening of buying power.
The "Handle" is forming in the range of 0.258–0.260.
A breakout at 0.2546 on volume could trigger a downward impulse.
🎯 Targets on a downward breakout:
1. 0.2508 – local support
2. 0.2431 – medium-term target
3. 0.2373 – full realization of the pattern
📈 Alternative Scenario: Consolidation above 0.2660 will break the formation and open the way to 0.272 and 0.276.
⚠️ This is not financial advice. Trading in the market involves risks.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.