14j yang lalu
Independent Analyst Labels HBAR Rally a "Dead Cat Bounce" While Targeting Sub-$0.08 Lows
An independent market analyst following Hedera's HBAR argues the latest rise from the $0.08–$0.088 area is a corrective "dead cat" bounce within an ongoing downtrend, not the start of a new bull phase. The analyst sees resistance at $0.096, $0.10 and $0.105 and says only a clear five‑wave impulsive move above $0.105 and the main descending trendline would hint at a lasting bottom, while further downside toward $0.08 and possibly the October 10 low near $0.073 remains on the table.