🚀 HBAR Market Update: Is the Correction Nearing an End? 🚀
📉 HBAR in Extended Correction Mode!
Since December, HBAR has been in a prolonged correction, currently forming a Wave 4 pattern that could either extend further or set the stage for a reversal.
🔍 Key Technical Levels & Structure:
🔹 Support Zone: $0.098 - $0.167 (Critical Fibonacci range)
🔹 Breakout Point: A push above $0.218 could signal a shift toward bullish momentum.
🔹 Bearish Case: A break below $0.175 could lead to deeper correction, possibly testing $0.128 as a final support.
🔹 Next Targets (If Reversal Happens): $0.28 → $0.39 → $0.49
📊 Trend Analysis:
✅ No clear impulsive downside move, leaving the door open for a breakout.
⚠️ Triple bottom formations often trigger temporary bounces rather than sustained reversals.
⚡ Possible B-wave overshoot before final correction completes.
📌 Final Thoughts:
HBAR is at a make-or-break level. The next move depends on whether support holds or fails.
🔹 Bullish Case = Break above $0.218
🔹 Bearish Case = Drop toward $0.128
🎯 Traders, what’s your play? Are you accumulating or waiting for confirmation? Drop your thoughts below! 👇
