$HBAR has displayed minimal movement recently, with a price change of just 0.328% in the last 24 hours.
The range between 0.17225 and 0.16647 indicates a consolidation phase.
Current support at 0.16761 could hold if bearish sentiment persists, while resistance at 0.17225 may trigger profit-taking.
The RSI at 41.64 suggests HBAR is nearing oversold territory, indicating potential buying interest.
Traders are cautious, reflecting undefined market sentiment.
Upcoming blockchain developments might influence price, presenting both risk and opportunity for traders.
