Ugh... I just looked at Metals Depot? - Buy Metal Online! Steel, Aluminum, Stainless, Brass and they call round and square both BAR
Do you have room above for a folding truss link hinged to the right end that could function when extended and be anchored/hinged/tucked above the junction of the telescoping sections when not? This would put a tension load on the truss and a compression load on what looks like an extendable boom or something. Either of these easier force distributions would seem to increase lift(?) capacity a good bit vs the bar with typical deflection. (Not much to go on ... I imagined this..):
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All the easier if the bar doesn't telescope to use/store, but a 1pc truss could be 'pinned on' at full extension, too.
(I claim insomnia ...)
That didn't work, try again....to be exact, here is a little more;
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That didn't work, try again.
Can you use 2x4 rectangular tubing?