HBAR falls 6% to $0.144 in a move that confirms an acceleration of the technical breakdown, following the failure of key supports and an increase in selling volume. The pullback worsens bearish pressure and strains market liquidity, in a context of greater sensitivity to sell-off episodes.
The decline stems from a series of breaks at support levels: the price fell from $0.1518 to $0.1480, and the critical level of $0.1457 did not hold. In recent sessions the asset has traded in a lower band, with sales pushing the market to favor short positions and reduce net leverage.
Open interest registered a drop of 5.96%, a sign of de-leveraging that typically accompanies liquidation phases. Funding rates turned negative, which indicates greater selling pressure in the derivatives markets. The relative strength index (RSI) stands at 37.92; the RSI is an oscillator that measures the speed and magnitude of price changes to assess overbought or oversold conditions. The MACD has entered negative territory; the MACD is a trend indicator that compares moving averages to identify shifts in price momentum.
In the short term, trading activity is intense: trading volume has increased by 71% above the average, suggesting the move is driven by selling rather than accumulation. Over 24 hours HBAR recorded variations between 0.6% and 1.18%, and it accumulates a decline of 21.7% in seven days. Some analysts point to adverse technical scenarios: additional declines of 20% or, if descending triangular patterns are confirmed, a drop to $0.10.
The correlation with Bitcoin has weakened to 0.48, which reflects that HBAR is moving more on idiosyncratic factors of the token itself. The contraction of stablecoin-linked capitalization in Hedera —an estimated decline of around 30% according to market data— reduces liquidity depth and can amplify volatility in accelerated sell-off episodes.
HBAR: technical analysis and market signals
Hedera presents solid technical and corporate arguments. Its distributed consensus is geared toward enterprise use and the network is governed by a council that includes large corporations, pointing to an institutional positioning. The HBAR token is non-inflationary and the maximum supply is set at 50 billion, elements that are part of its tokenomics.
However, the regulatory threat persists as a risk factor: the possibility that U.S. regulators reclassify the token as a security and the general regulatory uncertainty increase the risk premium. The combination of institutional outflows and retail investor withdrawals contributes to the deterioration of the price structure.
The break of supports, along with unfavorable technical indicators and an increase in selling volume, confirms a technical deterioration for HBAR in the short term. The outlook calls for caution from professionals who trade with leverage or manage liquidity in low-depth scenarios.
