Hedera’s HBAR token slipped roughly 5% in the latest trading session, mirroring the weakness seen across the broader digital-asset market. The decline pushed the token toward a key higher-timeframe demand zone, increasing concerns that momentum may continue to deteriorate if buyers fail to step in.
Market Breakdown and Technical Structure
The daily chart reveals a multi-week sequence of lower highs and lower lows, confirming a persistent bearish structure. After failing to break above the major resistance block near $0.21–$0.31, HBAR has continued to unwind, sliding back toward the mid-range support that previously acted as a launch point in early summer.
The chart shows HBAR returning to the grey demand region around $0.13, a critical level where price has historically shown a decisive reaction. The recent CHoCH signals clustered around the lower part of the range highlight increasing volatility and thinning bullish defense.
BitXJournal market analyst examining the structure stated, “HBAR has been unable to reclaim the former breakdown levels, and every rally into the higher-timeframe supply bands has met aggressive selling pressure. The 5% decline simply continues the trend already visible for several weeks.”
The formation of a clear break of structure (BOS) in late September turned the short-term sentiment decisively downward. The subsequent move into deeper liquidity has not yet attracted the same buyers that supported the July rebound.
Key Levels to Watch
The grey zone between $0.125–$0.135 remains the most important area on the chart. A strong reaction here could stabilize price and re-establish a short-term floor. Failing that, the next major liquidity pool sits far lower, which could open the door to a more prolonged correction.
BitXJournal trader commented, “HBAR needs to hold above the current demand block to avoid a deeper slide. If the market loses this region, the structure suggests the next phase of the downtrend could unfold quickly.”
The inability to reclaim the mid-range resistance and the repeated failures at the upper supply band underline the broader weakness across high-beta altcoins.
HBAR’s drop underscores the fragility spreading through the crypto market. While the token sits at a meaningful support, momentum remains skewed to the downside. Traders will be watching closely to see whether this level provides enough strength to halt the decline or whether the downward trend continues.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.