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The price of HBAR has fallen about 18.5% in the last seven days and remains weak on the monthly chart. Even with this decline, HBAR is still attached to the lower link of the skirt that has been active since October 10. The wedge itself is a bullish pattern, but the structure is now under pressure.
What stands out today is that the bullish divergence has appeared again – but this time it may be more significant.
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Repeated variations indicate a rebound, but the risk of a fracture remains
The first sign of momentum is coming. Between October 11 and November 16, Form a pattern HBAR is lower on the chart while the Relative Strength Index (RSI) has formed a lower one. The RSI tracks buying power, and this pattern is a bullish standard deviation. Sellers seem to be losing control even as the price continues to drop. When viewed on a daily chart, this type of deviation often leads to trend reversals.
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A similar divergence appeared earlier between October 11 and November 14, but that reversal or even the recovery attempt failed. The weakness in November explains why the price of HBAR continues to fall To support the paca again.
This time the deviation appears when the price is at the last important support in the cone. If the bottom line of the trend holds, the setup has a better chance of execution. But if HBAR closes below the trend line, the wedge collapses and the structure becomes bearish.
Note that the bottom of the trend has only two clear touch points, making the bearish case stronger if market conditions deteriorate.
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Why this difference matters most: Big money is finally reacting
The difference now comes from Chaikin Money Flow (CMF). CMF tracks whether large portfolios add or remove capital. Previous recovery attempts failed because the CMF continued to decline and did not confirm the RSI deviation.
This time, the CMF rose after a continuous decline since November 10. As long as the CMF holds above the trend line, the inflow signal supports the RSI divergence instead of opposing it. That is why this deviation is more important than the previous one.
If the standards remain compatible, strengthen them Recovery structure for HBAR. If the CMF decreases again, the parameter is immediately weakened. However, the CMF must move above zero to confirm the strength of the recovery (or even a reversal).
HBAR price levels hold the key
The HBAR price is at a crucial level. Closing a daily candle below $0.145 breaks the wedge and exposes you to deeper losses. Failure to succeed here pushes the price towards lower support and fails in an upward divergence.
To be sure of a recovery, HBAR must be more than $0.165. This move is approximately a 10% increase and confirms that buyers have entered after the divergence. A break above $0.165 opens the way towards $0.186, which is near the upper trend line of the trough.
If $0.186 is restored, the falling wedge will break to the upside, and the HBAR price may try to move towards $0.219 or higher.
So far, everything depends on maintaining the support of the wedge. If it materializes, this recent upward divergence—supported by a rising CMF—could be the first strong enough to matter.
