HBAR Price is Declining: Critical Support is Being Tested, Market is Pessimistic

Hedera's native token HBAR has attracted attention with a value loss of about 5% in the last 24 hours. This decline is associated with weakness in the overall cryptocurrency market and increasing negative investor sentiment.

On-chain and derivatives data show that bearish positions are increasing among traders. HBAR is currently facing a critical test at the $0.126 level, which is an important support level.

Futures Triggering Pessimism

HBAR's long/short ratio in the futures market has declined to 0.93. This indicates that bearish positions have gained weight and most investors expect the price to decline.

This ratio reflects that market's short-term expectations have turned negative and investor confidence has weakened. If this pessimistic trend continues, the pressure in the derivatives market may also reflect on the spot market.

Technical Indicators Show Bears are Dominant

On the technical analysis side, the picture is not very bright either. The Elder-Ray Index is currently at -0.011, indicating that bears have taken control of the market.

This indicator analyzes the balance between bulls and bears by measuring the difference between HBAR's price and its short-term exponential moving average (EMA). A negative value indicates that buyers are weak and selling pressure is strong.

Can HBAR Maintain the $0.126 Support?

HBAR, which rose to $0.156 levels on June 25, has entered a downward trend since that date. Currently trading around $0.143, the token is approaching the support point at $0.126 due to market weakness.

This level was also tested previously in April and is in a critical support position. If the price falls below this level, the risk of a deeper correction may arise.

Possible Scenarios: Bottom or New Decline?

However, the downward trend is not fate. If demand revives, buyers can take control and push the price first to the $0.156 resistance, then potentially to the $0.166 level.

At this point, changes in market sentiment will be decisive. Particularly positive news flow or a general market recovery could pave the way for HBAR to regain momentum.

Conclusion: Uncertainty Persists, Eyes on Sentiment

The short-term outlook is weak, with long/short ratios favoring bears.

The $0.126 level stands out as critical support.

If demand increases, HBAR may return to the $0.156–$0.166 band.

However, if market sentiment turns negative, further losses may occur.

The direction of HBAR will largely depend on broad market sentiment and short-term buyer interest. It is beneficial to continue monitoring developments.

PLEASE READ CAREFULLY FOR A $10 GIFT TO 170 PEOPLE.

Friends who have not yet activated the futures section will earn $10 when they enter my referral code 88623008 to activate the futures section. The first 170 people will benefit from this reward.

I AM EXPLAINING IN DETAIL.

My brothers who registered on Binance without a referral, please listen carefully;

When you do what I say in order, you will earn 10 USDT.

Enter the Futures section from your application.

On the next screen, enter the REFERRAL CODE section and open your account by entering the code 88623008.

Brothers who want to receive a 10 USDT reward by completing this transaction by April 10 can do so. After that, it will be sufficient to have a trading volume of $30 after activating your account. However, even if you do this after April 10, your reward will not come. Therefore, I recommend you to handle it within 5 seconds.

THE SYSTEM WORKS ON A FIRST-COME, FIRST-SERVED BASIS. THEREFORE, DO NOT BE LATE TO RECEIVE YOUR GIFT. IT IS LIMITED TO 170 PEOPLE.

PLEASE READ CAREFULLY FOR A $3,300 GIFT.

Friends, as publishers, you know that we do everything we can for you. We communicate the services and opportunities provided to us by our authorities. I have never withheld my support for both the cryptocurrency market and you; on the contrary, I am striving to provide more support.

Now I will explain how to claim your gift. First, those of you who have not opened a futures account need to activate this account with a short transaction. I will explain in detail and simply how to activate it.

So who can benefit?

Friends who have not yet activated the Futures section can activate it by entering my referral code 88623008 when opening the FUTURES section. It is an easy process. I have shown where it is below.