$HBAR has been trading inside a clear descending channel for months, respecting both the upper and lower trend lines perfectly.
Now price is testing the upper boundary of the channel around the $0.09 zone a key decision area.
What I’m currently watching:
- Clean breakout + daily close above the channel
- Successful retest to confirm strength
- Momentum expansion toward $0.12 - $0.15
- Mid-term target near $0.20 if bullish continuation kicks in
As long as we stay inside the channel, the structure remains bearish. A confirmed breakout changes the narrative.
Patience here, this could be the start of a major reversal move.