Kyuzu (kyuzu.base.eth)

Morning base🌞

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Morning

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SHINOBU

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HBAR Price Reaches Breakdown Target — Rebound Now or Drop Another 16%? The HBAR price is now under renewed pressure. The token is down around 17% in the past seven days and nearly 24% on a monthly basis, further extending its steady downtrend. This latest drop is significant because a key technical target has now been reached. The next move depends on whether this level holds or is broken. Price Reaches Head-and-Shoulders Pattern Target On November 13, HBAR confirmed a head-and-shoulders breakdown on the daily chart. This pattern projects a decline of around 28% from its neckline. That target was reached on December 15 when the price touched the US$0.113 area. Since then, HBAR has been holding and moving sideways. This is significant because the breakdown target now acts as short-term support. Want more token insights like this? Subscribe to Editor Harsh Notariya's daily Crypto newsletter here.

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