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Hedera HBAR Shows Bearish Signals as Technical Indicators Turn Negative
Hedera HBAR Shows Bearish Signals as Technical Indicators Turn Negative
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[TRADE_PLUGIN]HBARUSDT,HBARUSDT[/TRADE_PLUGIN]
Hedera HBAR News -
Hedera’s native token HBAR is displaying weakening momentum with key technical indicators turning negative. The cryptocurrency’s Bollinger Band Trend (BBTrend) has dropped sharply to -3.67 from a positive 1.84 reading just 24 hours earlier, indicating bears are taking control of short-term price movements.
Despite volatile swings that briefly pushed the Relative Strength Index (RSI) into overbought territory, HBAR’s RSI now sits at a neutral 49.25. The token continues to trade within a tight consolidation range between $0.183 support and $0.193 resistance, with its $8.06 billion market cap at a technical crossroads.
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