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Hedera HBAR Tests Critical Support at $0.072 Amid Market Sell-Off

Hedera HBAR Tests Critical Support at $0.072 Amid Market Sell-Off

Author:

Global Cryptocurrency

Published:

2026-02-06 10:12:10

16

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[TRADE_PLUGIN]HBARUSDT,HBARUSDT[/TRADE_PLUGIN] Hedera HBAR News -

Hedera Hashgraph (HBAR) faced intensified selling pressure on February 6, dropping to a critical support level NEAR $0.072—a retest of its October 2023 low. The altcoin's failure to stabilize raises concerns about further downside, with bears eyeing a potential fall to $0.046 if support falters.

HBAR now trades at $0.08172, down 5.84% in 24 hours and 16% weekly, reflecting broader crypto market weakness. Resistance looms at a descending trendline, followed by a formidable supply zone between $0.126 and $0.177. Analysts note the lack of confirmation for a definitive bottom, leaving traders in cautious limbo.

Market capitalization stands at $3.58 billion amid $642 million daily volume, per CoinMarketCap. The token's trajectory hinges on whether it can defend current levels or succumb to the prevailing bearish momentum.

By:

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