Hedera HBAR Holds Key $0.14 Support as Market Awaits Next Move

Hedera Hashgraph (HBAR) maintains its $0.14 support level after unsuccessful attempts to break through the $0.15 resistance zone. Market sentiment remains divided between continued bearish momentum and a potential bullish reversal. Short-term technical patterns suggest a possible shift in sentiment, though confirmation requires stronger price action.

The 4-hour chart shows a descending channel pattern, reinforced by the 50 EMA, which continues to guide HBAR's price movement. Repeated rejections NEAR $0.15 align with the channel's upper boundary, sustaining downward pressure. Analysts anticipate a possible test of $0.125—a historical support level that may trigger renewed buying interest.

HBAR's tight consolidation within this technical framework highlights growing tension between bulls and bears. The current bias remains downward until the cryptocurrency can secure a decisive close above both the 50 EMA and descending resistance trendline.