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$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.
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