The news states that HBAR experienced a 20% rally due to Nasdaq filing a form with the SEC to list and trade Grayscale's spot HBAR exchange-traded fund. However, the rally is losing momentum, with indicators suggesting bearish sentiment is strengthening. The negative Balance of Power reading and increasing dominance of short positions indicate weakening buying pressure and a potential continuation of bearish momentum. HBAR currently trades at $0.24 and if bearish pressure continues, it could decline to $0.17. On the other hand, if market sentiment improves, HBAR could breach resistance at $0.26 and rally to $0.31.



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