Just been looking at HBAR's chart and there's something interesting forming here. We're seeing what looks like a descending wedge pattern, and the technical indicators are actually lining up pretty well with it. The Money Flow Index is showing a bullish divergence, which basically means selling pressure is easing off even though price hasn't moved much yet.



If HBAR can break past that $0.1012 resistance, we could be looking at a decent short squeeze setup worth around $4.34 million. That's the kind of technical indicators setup traders watch for. But here's the thing - HBAR moves in lockstep with Bitcoin, and we all know how that goes. If BTC stumbles, HBAR's breakout could fizzle out pretty quickly and we'd be heading back down to support. Right now sitting at $0.09, so we're not that far from the level that matters. Worth keeping an eye on, but Bitcoin's the real wildcard here.
HBAR3.2%
BTC0.71%
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