Hedera HBAR Shows Warning Signs of 40% Pullback as Historical Bear Pattern Repeats
Hedera's HBAR token is exhibiting concerning technical patterns that previously preceded a 47% price collapse. The current 52% decline from its all-time high mirrors March 2025 conditions when the price dropped sharply from $0.26 to $0.14 within weeks.
Technical analysts highlight a death cross formation on the 4-hour chart, with $0.16 now serving as crucial support. Market behavior suggests traders may be repeating profit-taking patterns seen during historical 50-60% drawdown periods, despite the broader altcoin market momentum.