WordNet sense 1 (decoration that is hung (as a tapestry) on a wall or over a window):

wall hanging

WordNet sense 2 (supported from above):

dependent, pendant, pendent, hanging down

WordNet sense 3 (held up or having the weight borne especially from below):

supported

WordNet sense 4 (the act of suspending something (hanging it from above so it moves freely)):

suspension, dangling