$HBAR Struggles Near Resistance – Consolidation or Reversal Ahead?
HBAR/USDT is trading at $0.1757, showing a modest +0.80% gain over the last 24 hours. The price hit a daily high of $0.17811 before facing resistance and pulling back, with volume at 159.92M HBAR and 27.77M USDT traded.
Price action remains choppy around short-term moving averages: MA(7) is at $0.17605, MA(25) at $0.17651, and MA(99) at $0.17395. HBAR dipped below the MA(25), showing slight short-term weakness, though the 99-period MA continues to offer strong underlying support.
Volume is light, indicating a lack of strong conviction from either bulls or bears. If buyers regain control above $0.178, a push toward $0.180–$0.182 is possible. However, a drop below $0.174 may invite further downside pressure.
Summary: HBAR is in a sideways pattern, caught between weak resistance and solid support. Watch for volume spikes to signal the next breakout direction.