Hedera HBAR Struggles Against Bearish Pressure as Technical Structure Weakens
Hedera's HBAR token is showing signs of continued weakness, with bearish projections dominating market sentiment. The coin has struggled to break free from a tight trading range between $0.110 and $0.114, with repeated rejections at the upper boundary signaling persistent selling pressure.
Market participation appears to be dwindling, as evidenced by declining volume activity. The fading interest suggests short-term buyers are retreating rather than accumulating positions. Technical indicators point to an incomplete corrective phase, leaving the door open for further downside.
HBAR's current consolidation NEAR the $0.11 support level indicates buyers are merely defending existing positions rather than pushing for upward expansion. The absence of a strong catalyst leaves the token vulnerable to bearish momentum, with analysts warning of potential further declines in the near term.
