🔻 $HBAR approaching a critical rejection zone.


Price has been compressing inside a narrow rising channel after the sharp decline, but the structure sits directly beneath a major descending resistance line.


📉 Technical View:

• Pattern: compression channel forming inside a larger bearish structure

• Bias: bearish while price remains below the descending resistance line

• Key Level: the lower support boundary that defines the broader channel


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⚠ If price rejects from the resistance intersection, the market could accelerate toward the lower support zone again.


#HBAR #Hedera #HBAR price analysis#

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March 11, 2026 at 11:20 AM
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