HBAR Stumbles Below $0.184—Dead Cat Bounce or Bear Trap?
Hedera’s token dips 2.5% as traders eye key support levels. Is this the start of a deeper correction—or just another shakeout before the next leg up?
Technical analysts are split: some see a breakdown brewing, while others spy a short-term play for contrarians. Meanwhile, ’traditional’ finance bros still can’t tell the difference between a hashgraph and a hashtag.
Trade Setup: Risk-Managed Short Strategy
For traders watching this unfold, HBAR may be entering a trend-following short opportunity. The key now is patience and confirmation before jumping in.
Hedera (HBAR) Price Chart – Source: Tradingview
Entry: If HBAR retests $0.184–$0.185 and fails to reclaim it
Target 1: $0.1784 (first support zone)
Target 2: $0.1756 (stronger demand area)
Stop-Loss: Above $0.1875 (to protect against false breakouts)
This setup offers a favorable risk-reward profile, especially as broader market volatility and ETF delays weigh on sentiment.
ETF Delays Add Macro Pressure
While Hedera’s fundamentals remain intact, the regulatory backdrop adds another layer of pressure. The SEC has postponed a decision on Grayscale’s HBAR ETF filing until October 8, pushing institutional interest further down the road. Despite Bloomberg Intelligence assigning HBAR an 80% approval chance for 2025, the delay could keep upside capped in the short term.
Pair that with overall market caution and you’ve got a chart—and a catalyst—that supports the bearish thesis. For now, the path of least resistance for HBAR is lower, and traders may look to capitalize.
