Hedera HBAR Rally Hits Resistance Wall as Bearish Momentum Builds
Hedera's HBAR surged 15% before encountering strong resistance, with on-chain metrics signaling potential exhaustion. The altcoin's long/short ratio plunged to a 30-day low of 0.76, indicating dominant short positioning across derivatives markets.
Weighted sentiment flipped negative at -0.62, reflecting growing sell-side pressure. Market structure now suggests diminishing upside momentum, with traders increasingly betting against continued appreciation.