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Hedera HBAR Faces Sustained Bearish Pressure as Technical Indicators Signal Weakness
Hedera HBAR Faces Sustained Bearish Pressure as Technical Indicators Signal Weakness
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[TRADE_PLUGIN]HBARUSDT,HBARUSDT[/TRADE_PLUGIN]
Hedera HBAR News -
HBAR's downward trajectory continues as bearish signals dominate its technical indicators. The Moving Average Convergence Divergence (MACD) shows sustained selling pressure, with the MACD line firmly below the signal line and expanding red histogram bars. This trend suggests weakening momentum for the altcoin.
Futures markets echo this sentiment, with open interest plunging 20% to $362.49 million in five days. The decline reflects shrinking market participation and growing risk aversion among traders. Such technical deterioration often precedes extended downturns when accompanied by fading volume.
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