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HBAR on the Brink: Hedera Nears Make-or-Break Support Level as Bears Take Control

HBAR on the Brink: Hedera Nears Make-or-Break Support Level as Bears Take Control

Author:
Tronweekly
Published:
2025-05-30 10:00:00
16
3

Hedera’s HBAR is flirting with danger—the kind that makes traders reach for their stress balls. A critical support level trembles under relentless bearish pressure, threatening to crack open deeper losses.

The chart doesn’t lie: HBAR’s recent performance reads like a cautionary tale for over-leveraged bulls. Every rally gets smothered faster than a meme coin at a central banker’s dinner party.

What’s next? If support fails, we’re looking at a plunge that could turn ’buy the dip’ into ’bury the portfolio.’ But hey—at least the traditional finance guys will get to feel smug about their 2% bonds for once.

HBAR

  • HBAR trades near $0.17999, stuck in a tight range between $0.16 and $0.22 with a gradual downtrend.
  • RSI at 38.68 and a bearish MACD crossover suggest weakening bullish momentum.
  • Price remains below the 9-EMA and TEMA, signaling continued short-term pressure.
  • A break below $0.17894 could lead to a drop toward $0.16, while resistance sits at $0.19330 and $0.22853.

Hedera (HBAR) continues to show signs of weakness as the cryptocurrency trades around $0.17999 on May 29, 2025. The 4-hour chart highlights a gradual downtrend over recent weeks, with the price stuck in a narrow range between $0.16 and $0.22. After failing to sustain momentum above $0.22 in early May, HBAR has formed a series of lower highs, indicating sustained bearish pressure.

RSI and MACD Signal Fading Bullish Strength

The Relative Strength Index (RSI) currently stands at 38.68, below the midpoint of 50 and approaching oversold territory. This suggests weak buying interest and the potential for further downside unless a reversal takes place.

HBARUSD 2025 05 29 16 43 29

Source: Tradingview

The MACD (Moving Average Convergence Divergence) also supports this outlook, with the MACD line at -0.00038 and the signal line at -0.00180. The negative histogram confirms a bearish crossover, reinforcing the downward trend.

HBAR Support and Resistance Levels to Watch

HBAR is trading below both the 9-period EMA ($0.18345) and the TEMA ($0.18067), confirming that short-term momentum remains bearish. The Bollinger Bands show price nearing the lower boundary at $0.17967, a sign that the current downtrend may either continue or pause if buyers step in. The middle band, which represents the 20-period simple moving average, sits at $0.18553, well above the current price.

Immediate support for HBAR is seen at $0.17894. A break below this level could push the price toward the next significant support zone around $0.16. On the upside, resistance is clearly marked at $0.19330 and $0.22853. These levels have capped multiple recovery attempts over the past month and remain critical for any bullish breakout attempt.

HBARUSD 2025 05 29 16 42 35

Source: Tradingview

The overall trend in Hedera (HBAR) remains bearish in the short term. Technical indicators suggest weak momentum, and price action below moving averages adds to the downside risk. Traders should monitor the $0.1789 support level closely. If this support holds, a relief bounce could target the $0.185–$0.19 range. However, a confirmed breakdown below support may lead to further losses, making lower levels more likely.

Related Reading | TON price Retests Breakout, Targets $3.96 to $5.16 Bullish

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