Technical data shows low trend strength, with Hedera’s Average Directional Index (ADX) standing at 23.2. While this is higher than 13.8 four days ago, it remains below the 25 threshold needed for a strong trend. This shows that while HBAR has attempted to rebound, momentum in its direction is fading.
The Ichimoku Cloud indicator also signals bearish conditions. HBAR’s price remains below the red cloud, indicating resistance ahead. The Tenkan-sen line is below the Kijun-sen, meaning a full reversal is yet to be confirmed. While a short-term bounce is in play, the token must break above key resistance levels for a sustained recovery.
Moving averages also point to a bearish outlook. The short-term EMAs are still below long-term EMAs, reinforcing selling pressure. HBAR is now hovering near a key support level at $0.17. If it breaks lower, it could fall another 42% to around $0.12.
For a true reversal, HBAR needs to reclaim $0.25. A breakout above that level could push the price toward $0.35, with a potential return to $0.40 if bullish momentum builds. Until then, the token remains in a fragile position.
