Hedera HBAR Consolidates Near $0.13 as Bullish Momentum Pauses
HBAR's price action reflects a cautious market, with the cryptocurrency hovering just above the $0.13 support level after failing to sustain gains above $0.145–$0.150. The decline, which accelerated in early December, has been marked by tight trading ranges and hesitant moves, signaling a lack of conviction among buyers.
Open interest has retreated to 55.2M, down from the upper-60M range, indicating long unwinding and reduced speculative activity rather than aggressive short positioning. For sentiment to improve, HBAR needs to reclaim the $0.138–$0.140 resistance zone, supported by renewed open interest expansion. Without fresh participation, the asset risks further drift lower as liquidity thins.