The HBARUSDT chart is currently undergoing a correction, originating from a prevailing downtrend. The market has recently completed a three-wave (WXY) corrective structure within what is labeled as Wave 4 or Y. While a previous anticipation for one more high in this extended Wave 4 has been met, the price was subsequently rejected at a key downtrend line, indicating persistent bearish pressure. The movements to the downside are characterized as rapid and impulsive, whereas upward movements remain choppy and corrective, failing to demonstrate significant bullish strength. The primary outlook suggests a continuation of the downtrend, with 'one more low' being highly probable. This projected low targets the 78.6% Fibonacci retracement level at 0.08857, which is the anticipated completion of the Wave 5 (or C or Z) of the larger correction. An alternative bullish scenario, which would see a five-wave impulsive move to the upside, is deemed plausible only if the price holds above the 61.8% Fibonacci retracement of a recent bounce at 0.105. However, this bullish alternative requires substantial market proof, specifically a clear five-wave impulse and a definitive break above the initial downtrend line, neither of which has occurred. Early signs of a potential bottom would involve a break above the last swing high around 0.115, but for a true invalidation of the bearish outlook, the price would need to surpass the 61.8% Fibonacci retracement at 0.12651, signaling a strong reversal. A break below the 10.8-cent level would further confirm the commencement of the anticipated fifth wave to the downside.