$HBAR has made a strong attempt to recover recently, but broader market signals are pulling the altcoin back.

#HBAR is currently trading at $0.156, and is likely to face some correction in the coming days as weak flows and negative sentiment affect its price movement. Nevertheless, the coin remains a focal point for potential growth in the future.

Enhancing flows $HBAR

The Chaikin Money Flow (CMF) struggled to close above the zero line, indicating weak flows into HBAR. This is a concerning signal, as the CMF's failure to maintain positive momentum reflects investor skepticism and a lack of strong buying interest. Although HBAR briefly crossed into the positive CMF territory for the first time in over a month, overall market sentiment remains weak.

This struggle with the CMF indicates that investor confidence is fragile, with many hesitant to commit to $HBAR at higher levels. As a result, the chances of sustained upward momentum appear limited, and the likelihood of achieving further gains remains low unless broader market conditions improve or buying interest surges.

HBAR CMF.

On a more positive side, technical indicators like the Relative Strength Index (RSI) show bullish momentum for #HBARUSDT . The RSI currently sitting above the neutral 50.0 mark indicates that buying pressure is gaining strength. This shift suggests that despite weak flows, there may still be potential for HBAR to experience a positive price movement if momentum continues to build.

The RSI's transition into the bullish territory is a critical signal for investors, showing that the market is not entirely bearish. Increasing momentum could ultimately work in HBAR's favor, potentially offsetting some of the challenges posed by weak flows and broader market uncertainty. The key will be whether this momentum can sustain over time.

HBAR RSI.

HBAR price is preparing to launch

HBAR price has been stuck under a downward trend that has lasted for two weeks, currently trading at $0.156. To break free from this trend, HBAR will need to show more signs of strength, whether from technical indicators or market sentiment. If the conditions outlined above improve, the coin may free itself from its downward path.

The first major hurdle for HBAR is breaking the $0.163 level and converting it into support. This is crucial as it will pave the way for the altcoin to reach the resistance level of $0.180. Investors will need to hold their positions during this critical phase, as any premature selling could hinder the potential for further gains.

HBAR price analysis.

However, if investor sentiment turns to selling, whether to take profits or due to increasing uncertainty, the bullish outlook may be invalidated. Losing the support level of $0.154 is likely to lead to a drop towards $0.139, ending HBAR's hopes for continued recovery in the short term. #REX-OSPREYSolanaETF #SUIETFcoming? #BSCMemeCoins