Hbar Could Drop 19% If These Key Supports Break
Hedera (HBAR) is under heavy pressure, falling 5% in the past 24 hours and down more than 25% over the last 30 days. The sharp decline has pushed multiple technical indicators into bearish territory, raising concerns about a potential breakdown.
Momentum has weakened significantly, with BBTrend and RSI signaling deteriorating strength and growing selling pressure. All eyes are now on the critical $0.153 support level, which could determine whether HBAR rebounds—or slides further toward new lows.
HBAR Struggles to Regain Momentum
Hedera’s BBTrend is now at -1.2, recovering from -3.27 earlier today but still below the 2.63 seen two days ago.
The drop signals fading bullish momentum after a short-lived rally. HBAR may be shifting from a breakout attempt to a consolidation phase.
The quick bounce from deeper negative levels suggests some buyer support, but the overall trend remains weak.