HBAR Still Bullish After 35% Drop? Yet One Broken Streak Could Delay Price Rebound
Hedera’s HBAR enters February 2026 beneath strain after a pointy market-wide correction. Since mid-January, the token has fallen practically 35%, with the correction amplifying throughout the broader sell-off between January 21 and February 1. From its November highs, the HBAR worth is now down greater than 40%, and worth momentum stays weak.
Yet technical and on-chain indicators counsel a turnaround is feasible. Whether this risk turns right into a rebound or one other breakdown now will depend on quantity, cash circulate, and key help ranges.
Money Flow And Falling Wedge Show Dip Buyers Are Still Active
Despite the current sell-off, HBAR’s broader chart construction stays constructive.
Since late October 2025, the worth has been shifting inside a falling wedge. A falling wedge varieties when the worth makes decrease highs and decrease lows, however the construction narrows over time. This normally indicators that promoting strain is weakening.
Even after the January crash, HBAR has stayed inside this sample. That retains the long-term rebound case alive.
Money circulate indicators additionally help this view.
The Chaikin Money Flow (CMF), which tracks whether or not large cash is flowing into or out of an asset, has shaped a transparent divergence since late December. Between December 30 and February 2, HBAR’s worth trended decrease, however CMF trended larger. This means capital has continued to enter the market at the same time as costs fell.
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Although CMF not too long ago slipped under its rising trendline and briefly dipped beneath zero, it stays near the impartial zone.
The Money Flow Index (MFI), a measure of dip shopping for, exhibits the same sample.
Since late November, HBAR’s worth has continued trending decrease, whereas MFI has trended larger. This suggests merchants have been shopping for dips for greater than two months. Recently, MFI has began curling upward once more. It presently sits close to 41. A transfer above 54 would create a better high and strengthen the bullish divergence.
Together, CMF and MFI counsel that dip consumers are nonetheless energetic. Even after a 35% drop, capital has not totally left the market. Instead, consumers seem like quietly accumulating contained in the falling wedge. This retains rebound hopes alive.
Yet to verify a sustainable restoration, costs additionally want quantity help. That is the place the following threat seems.
Three-Month Spot Streak Broken, Could Limit Upside?
While CMF and MFI look constructive, quantity information tells a extra cautious story.
The On-Balance Volume (OBV) indicator measures whether or not quantity helps worth tendencies. Rising OBV confirms shopping for energy. Falling OBV indicators distribution. In HBAR’s case, OBV has been weakening.
On January 29, OBV broke under a key descending trendline. Since October, it has continued to development decrease. This creates a bearish divergence.
This means each worth transfer up has not been backed by sturdy quantity. This weak point is now confirmed by spot circulate information.
Since late October, HBAR has recorded constant weekly internet outflows. For practically 14 weeks, extra tokens left exchanges than entered them. This displays regular accumulation as the worth corrected, a development that aligns with the MFI divergence we mentioned earlier. However, a weakening OBV at all times capped the upside.
Only not too long ago did this streak break.
On February 2 (weekly evaluation), HBAR recorded its first significant week of internet inflows since October, totaling round $749,000. This ended a three-month shopping for streak (at press time), marking a shift from accumulation to potential promoting readiness. That explains the current OBV breakdown, beneath the descending trendline.
So whereas CMF and MFI present consumers are nonetheless energetic, the broader market is now not absorbing provide because it did earlier than. Without sustained outflows, rallies might proceed to fade or won’t even begin. That shifts consideration to cost ranges.
HBAR Price Levels That Will Decide February’s Direction
With combined indicators throughout indicators, the HBAR price ranges now carry probably the most significance. On the draw back, the important thing help sits close to $0.076.
If HBAR holds above $0.076 and CMF and MFI proceed enhancing, rebound makes an attempt can proceed. But a clear break under this stage would sign sellers regaining management, one thing OBV is already hinting at.
In that case, draw back targets open close to $0.062 and $0.043.
On the upside, the primary hurdle is $0.090, offered OBV improves.
This space has capped rallies since January and represents short-term resistance. Reclaiming it might present early confidence returning. Above $0.090, the key Hedera price test sits close to $0.107.
A sustained transfer above $0.107 would verify a breakout from the falling wedge. This would activate the wedge’s measured goal, which factors to a possible 52% upside over time. However, this situation stays a protracted shot for now.
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