HBAR Prices Breakout From 4-Month Old Pattern Threatens $6 Million Short Squeeze

Hedera has remained under selling pressure after a steady decline brought HBAR back to retest a long-standing technical pattern. The token has been trading within this structure for several months, limiting upside attempts.

While multiple indicators now point toward a bullish setup, price action has yet to confirm the shift, keeping sentiment cautious.

HBAR Has An Underlying Bullish Trigger

HBAR’s Money Flow Index is showing early signs of strength despite continued price weakness. On the two-day chart,…