Hedera's native token, HBAR, has seen a 5% increase over the past week, fueled by rising investor interest and a general surge in altcoin activity. However, technical indicators suggest that this momentum may be waning, indicating a possible pullback soon. An analysis of the HBAR/USD one-day chart reveals that the altcoin is testing a break below its 20-day Exponential Moving Average (EMA), currently trading at $0.155, just above this crucial support level of $0.153. The 20-day EMA reflects the average price over the last 20 trading days, and a drop below it signals weakening momentum. If selling pressure continues without strong buying interest, HBAR may enter a corrective phase, potentially dropping to $0.141 or even $0.124. Conversely, renewed demand could push the price above $0.162, negating the bearish outlook. This analysis is for informational purposes only and should not be considered financial advice. Read more AI-generated news on: https://app.chaingpt.org/news