Well now, the HBAR price sits like a weary old cat on the $0.118 mark-up a smidge today, but still nursing an 18% monthly bruise. The chart’s got the look of a house of cards in a hurricane, and that downtrend? It’s plotting revenge with a “pole-and-flag” scheme. 🏴☠️
But lo! Dip buyers, those merry bandits of the market, are swinging their pitchforks to disrupt the chaos. Whether they’ll save the day or just delay the inevitable? Only the river of volatility knows. 🌊
Breakdown Risk Meets Dip Buyers’ Wild Gambit
That daily chart? A bearish “pole-and-flag” if ever there was one. Should the price stumble below $0.108, the floodgates swing wide for a 31% plunge-like a steamboat without oars. 🚢🔥
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The Money Flow Index (MFI), that sly weather vane of cash flows, has gone rogue. Between December 9th and 29th, while HBAR slumped, the MFI waltzed upward like a bull in a bear’s pajamas. Buyers, it seems, are treating dips like fire sales. 🔥🛍️
Divergence, they say, ain’t a magic carpet-but it does hint that demand’s sneaking back in like a thief in the night. Hence, HBAR’s clingy hug with that bear flag’s lower trendline, trying to bounce like a cork on a wave. 🌊
Derivatives: A Tale of Two Sides
The derivatives market? A chessboard of conflicting signals. Short-sellers cackle in the shadows, but their grip’s slipping like a greased pig at a county fair. 🐖
Smart money’s still short, but fresh longs are sprouting like dandelions in spring-14% over 30 days! And those top 100 addresses? Still long, though they’ve trimmed their sails. It’s a tug-of-war between doomsayers and optimists, with the rope tied to HBAR’s fate. 🪢
This mixed bag suggests a standoff: bears expect a crash, but bulls whisper, “Not so fast!” Like a duel where both sides keep reloading. 🔫
The HBAR Price: A Tightrope Walk Over a Volcano
HBAR teeters at the edge of a cliff. $0.108 is the “neckline”-lose it, and the bear flag becomes a funeral shroud. Below that, $0.102 is the last gasp before disaster. 🎭
Buyers, though, dream of reclaiming $0.120-then $0.126, where momentum might flip like a pancake. And $0.139? That’s the “I-told-you-so” level for bulls. For now, HBAR’s balancing act continues, with bears holding the majority stake. 🎰
To break the downtrend, HBAR needs a 6.9% surge to $0.126. If MFI keeps its bullish grin and shorts shrink like a wet umbrella, maybe the breakdown will be the biggest bust in crypto’s Wild West. 🤞
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2025-12-29 12:23