HBAR Prices fall 6.43% when Volatility Brew and CMF become bearish

• Chaikin’s money flow is in negative territory, indicating a bearish capital flow.
• The squeeze momentum indicator suggests volatility in the future price.
• A recovery of between $0.180 and $0.188 could indicate a trend reversal, but Outlook remains cautious.

HBAR overturned previous profits this week, falling 6.43% over the past 24 hours to settle at $0.1679. A short-lived rallies at 13% of Altcoin were unable to overturn a month’s downward trend.

Investors remain cautious, and technical indicators are currently maintaining bearish pressure.

Key indicators such as the Chaikin Money Flow and the Speeze Momentum Indicator suggest that HBAR could face greater volatility first.

Unless you’re buying interest quickly, your assets risk slipping further towards the $0.154 level in the short term.

Bearish CMF signals reject investors’ trust

One of the clearest signals of HBAR’s intense momentum comes from the Chaikin Money Flow indicator.

The CMF now suggests that capital outflows are beyond inflows, across negative territory.

This metric, which reflects buying and selling pressure, means that investors’ confidence in HBAR’s short-term recovery is weakening.

Market participants are becoming increasingly cautious as trading volumes cannot support rebounds.

The previous 13% price rise that temporarily excluded HBAR from its recession was cancelled, and traders were unable to follow sustained purchases.

Without a clear catalyst for emotional changes and demand, the price of a coin could be subjected to downward pressure.

At the current level, HBAR risks losing support at $0.163. This is a critical zone that can result in sudden losses if compromised.

Momentum indicators indicate that volatility is incoming

Volatility is another major concern for HBAR. Squeeze Momentum Indicator (SMI) that helps traders predict sudden price movements have formed a black dot over the past 48 hours.

This pattern suggests that a “pitch” is usually occurring. This means a breakout is imminent or downwardly.

For now, the SMI bar remains red, reinforcing its bearish tone. However, traders are closely watching the transition to green. This could indicate a bullish reversal.

Until such a shift occurs, this indicator suggests that HBAR may continue to experience sales pressure.

The importance of this aperture lies in the possibility of causing a major price movement.

Given the current lack of momentum and negative measures from both CMF and SMI, odds favor downward movements unless emotion changes crucially.

If the trend continues, HBAR can test levels around $0.154.

Hbar cannot recover from downtrend

HBAR’s overall market structure remains bearish.

Despite a temporary recovery earlier this week, the token failed to finish a wider decline that has been keeping track of it for over a month.

Price action shows that it is consistent and helpless beyond the resistance level of $0.172. This is an important point that analysts believe must overcome to revive bullish emotions.

The next few trading sessions are very important. Moves above $0.172 could negate the current downward trend and attract fresh purchases.

In that scenario, HBAR could regain a higher level of nearly $0.180 and potentially target $0.188.

However, without strong purchasing support, the results look unlikely for now.

For now, the negative CMF, red SMI bars, and bear metrics that failed attempts to breakout suggest that the path of minimum resistance in HBAR remains downward.

Unless the market sees new interests and lucrative external events, HBAR can continue to face headwinds in the coming days.

Main Support and Resistance Zones to Watch

HBAR’s immediate support is $0.163, the level supported in recent sessions.

A break below this threshold could expose the token to losses to $0.154, strengthening the current downtrend.

The advantage is that resistance remains at $0.172, followed by $0.180 and $0.188. Only critical moves beyond these levels can mark a potential reversal and the bull can regain control.

Please share this article

category

tag