Hedera (HBAR) Faces Short-Selling Pressure Following Rejection at $0.208 Resistance

BTCC / BTCC Square / Global Cryptocurrency /

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Global Cryptocurrency

Release Time:

2025-05-26 15:53:14

[TRADE_PLUGIN]HBARUSDT,HBARUSDT[/TRADE_PLUGIN]

Hedera HBAR News -

Hedera’s native token HBAR has triggered bearish signals after a sharp price rejection at $0.208, with derivatives data showing rising open interest followed by rapid unwinding. Technical analysts identify this as a classic short setup, with the 30-minute HBAR/USDT chart breaking below a consolidation range that now serves as resistance.

BullFrog Crypto’s analysis suggests entry points NEAR $0.19552, noting the emergence of lower highs and lows—a textbook downtrend formation. Market participants await HBAR’s reaction to nearby support levels, which could determine whether the correction deepens or finds stabilization.

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