The analysis assesses Hedera Hashgraph (HBAR) within a corrective range, noting a breakout from a descending trend line. It considers the current sell-off as part of Wave C of a larger Wave 2. Key support levels are identified: 0.228, 0.223, 0.219, and 0.214. A break below the trend line would reset the Wave 4 structure, potentially leading to a deeper correction towards 0.206, invalidating the current Wave 2 setup. True invalidation point for Wave 4 is pegged at the September low of 0.21. Upside confirmation requires surpassing 0.255, but the 0.28 area represents strong resistance. The analysis stresses the lack of impulsive price action, viewing it as lackluster. The predicted market trend is range, considering the support and resistance levels and that it needs to break out of the 0.28 area for upward movement, The timeframe is within the next weeks.