HBAR/USDT - Descending Trendline: Breakout or Further Downside?HBARUSDT SPOTBYBIT:HBARUSDTCryptoNuclearOn the 1D timeframe, HBAR/USDT is still moving under a clear Descending Trendline structure over the past few months. The descending trendline (resistance) continues to push the price down, forming lower highs. Price structure still reflects consistent bearish pressure. Currently, price is positioned near the trendline resistance, a critical area that will determine the next move. Key horizontal levels identified: 0.0945 → Minor resistance (red line) 0.1040 – 0.1305 → Supply zone / upside targets 0.0870 – 0.0722 → Strong demand zone below --- 📉 Pattern: Descending Trendline Characteristics: Bearish structure (lower highs & lower lows) Main bias: trend continuation to the downside However, a breakout from the trendline can signal a potential reversal or relief rally Pattern validation: Multiple rejections from the descending trendline Price consistently respects the dynamic resistance --- 🚀 Bullish Scenario Bullish momentum becomes valid if price: 1. Breaks out above the descending trendline resistance 2. Closes strongly above 0.0945 3. Is supported by increasing volume Upside targets: 0.1040 (first target) 0.1150 0.1230 0.1305 (major resistance) ➡️ This would indicate a short-term reversal or relief rally from the bearish structure. --- 🐻 Bearish Scenario Bearish continuation remains dominant if: 1. Price gets rejected at the trendline 2. Breaks down below 0.0870 support Downside targets: 0.0800 0.0722 (previous low / strong support) ➡️ This would confirm continuation of the lower low structure. --- ⚖️ Conclusion The main trend remains bearish (descending trendline) Price is currently at a critical resistance zone The next move depends on: Breakout → bullish potential Rejection → continued bearish trend 👉 This is a key decision zone for the market. #HBAR #HBARUSDT #CryptoAnalysis #TechnicalAnalysis #Altcoins #CryptoTrading #DescendingTrendline #BreakoutSetup #BearishTrend #BullishScenario #SupportResistance #PriceAction #CryptoMarket