A short strategy for cryptocurrency HBAR (Hedera Hasgraph) which has tested support multiple times and might break down at any time. A descending Triangle also being formed at 4H timeframe and support on 1H and 30 mins candle. Triangular descending is a strong pattern and results in break down. It has also consolidated well within range in the last 2 days.
50-EMA and 200 EMA also giving resistance consistantly.
Do not place a tight stop loss as it might come back for a Retest and then rally down. You can even shot at trend line resistance