Hedera HBAR Struggles Near Critical Support as Bearish Momentum Persists

HBAR's price action remains constrained below key resistance levels, with the token hovering NEAR the $0.1305 support zone. Repeated recovery attempts have faltered, leaving traders questioning whether the asset can reclaim higher ground or extend its downtrend.

The 1-hour chart reveals persistent selling pressure, with HBAR oscillating between $0.1307 and $0.1310. Earlier efforts to stabilize near $0.142–$0.144 collapsed into a steady decline, as buyers failed to maintain momentum. A brief consolidation around $0.135–$0.137 proved unsustainable, culminating in a sharp breakdown below $0.132—establishing a new lower low and confirming bearish continuation.

Open interest data reflects this weakness, fluctuating between 55.6M and 62M before plunging during sell-offs. The latest reading of 55.78M suggests tentative re-entry, but without conviction. Unless HBAR decisively breaks above $0.135, the technical outlook remains firmly bearish.