HBAR trades near $0,146 and has lost ground quickly, recording a 19% pullback in the last week and 39% in three months, according to published analyses. The asset faces rising technical pressure as bounce buyers stay on the sidelines and a key support emerges as the possible last line of defense.
The technical map from HBAR shows a structure dominated by a down-sloping trendline that acts as a bearish channel and a head-and-shoulders pattern whose neckline is at $0,160, according to Bitget. The analysis also indicates a hidden bearish divergence on the 12-hour RSI and a deterioration of the Money Flow Index (MFI) on the daily chart, signals that, combined, reinforce the probability of a continuation of the decline.
A critical level identified is $0,141, described as the last line of support within the channel. If that point fails to hold on daily closes, the next downside target appears at $0,134, which would represent an additional 8.8% drop from that threshold, according to Bitget. In the event of a structural breakdown, the report warns of deeper scenarios with targets around $0,113 and $0,100.
Long liquidations outweigh shorts, creating conditions for a squeeze of bullish positions, and funding rates show fluctuations that reflect uncertainty among traders, according to the same sources.
Implications for traders and treasuries
For short-term traders, the combination of downward momentum and an order flow concentrated on selling suggests an environment of high volatility and risk of cascading stops; the prevalence of long liquidations increases the likelihood of accelerated moves in a bearish direction.
For treasuries and institutional managers, the weakening of the MFI and the lack of visible demand imply that any accumulation buying requires defined entry levels and risk management.
The first technical threshold to validate a recovery is a daily close above $0,154; then overcoming resistance at $0,160 would be necessary to invalidate the bearish pattern and achieve a structural improvement, Bitget notes.
The technical structure and indicators place HBAR in a clear bearish bias, with $0,141 as the decisive point to avoid further deterioration; confirmation to the upside would require a daily close above $0,154.
