HBAR Price Breakdown Was Expected — The Bear Trap Risk Was Not

HBAR Price Breakdown Was Expected — The Bear Trap Risk Was Not

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The HBAR price broke below its neckline this week, completing a previously highlighted bearish pattern. While spot selling has increased and shorts dominate futures, hidden RSI divergence and crowded leverage suggest the breakdown may not be straightforward. The analysis indicates a risk of the setup flipping into a bear trap if key levels are reclaimed.

The HBAR price broke below its neckline this week, completing the bearish pattern we highlighted earlier. Spot selling has jumped and shorts now dominate futures positioning, yet a hidden RSI divergence and crowded leverage suggest the breakdown may not be as straightforward as it looks. If key levels are reclaimed, the setup could flip into a bear trap instead of a continuation move.

The post HBAR Price Breakdown Was Expected — The Bear Trap Risk Was Not appeared first on BeInCrypto.