Hedera HBAR at Critical Juncture as Bullish Momentum Wanes
Hedera’s HBAR faces a pivotal moment as technical indicators show weakening bullish signals. The price is currently fluctuating between key levels of $0.191 support and $0.202 resistance, with the 5-day EMA structure beginning to show signs of exhaustion. The BBTrend metric’s sharp drop from 16.48 to 5.95 indicates fading momentum—historically a sign of upcoming consolidation.
While the market structure remains technically bullish, it appears increasingly fragile. Traders are watching for a decisive MOVE either below support or above resistance within the $0.191-$0.202 demand zone, which will determine HBAR’s short-term trajectory. Tightening volatility suggests a price resolution is likely within the next 2-3 trading sessions.