HBAR/USDT In the Crucial ZONE. Need to Break or Downward ?💎 HBAR has undoubtedly garnered our attention. Currently, HBAR is facing a tough battle, unable to breach the local resistance and the resistance of the descending channel, resulting in a rejection from these levels.
💎 It's plausible that HBAR might undergo a correction, pulling back towards the nearby support to gather strength for another attempt at breaking through the resistance. Success in surpassing these barriers would signal a bullish momentum for HBAR, with the odds favoring a continued ascent towards the formidable supply zone.
💎 However, there's a precarious scenario on the horizon. Should HBAR fail to maintain its footing at the proximate support, it might embark on a downward journey to the significant demand zone. This area is critical for HBAR's trajectory, demanding a robust rebound to avert a deeper descent. If this support crumbles, it could spell further declines for HBAR, intensifying the bearish pressure.
