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$HBAR is showing early signs of exhaustion near a rising structure.
Price recently rejected the upper boundary and slipped back toward trend support, hinting that upside momentum may be fading.
📉 Technical View:
• Pattern: Rising wedge showing potential distribution behavior
• Bias: Bearish, as long as price stays capped below the recent high
• Key Level: Ascending support line acting as the breakdown trigger
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⚠ A sustained rebound and hold back above the wedge resistance would invalidate the bearish scenario and reopen the path for continuation higher.
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