HBAR Faces a 31% Breakdown Risk — Dip Buying Tries to Push Back
The HBAR worth trades close to $0.118, up about 2% at the moment however nonetheless down round 18% this month. The broader construction is fragile, and the chart nonetheless hints at a downtrend continuation, courtesy of a breakdown sample.
Even with that threat, patrons are pushing again. Dip shopping for and early on-chain shifts now resolve whether or not HBAR avoids a deep correction.
Breakdown Risk Meets Dip Buying Support
HBAR’s daily chart nonetheless reveals a bearish pole-and-flag sample. If the worth loses $0.108, the breakdown can open the door to a 31% slide based mostly on the pole projection.
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Dip patrons are attempting to disrupt that. The Money Flow Index (MFI), which measures inflows and outflows by way of worth and quantity, has diverged bullishly from worth.
Between December 9 and December 29, the Hedera (HBAR) worth trended decrease whereas the MFI turned larger. That reveals patrons stepping in on dips fairly than permitting breakdown continuation.
Divergence doesn’t assure restoration, but it surely alerts demand returning at key ranges. That may very well be one cause HBAR discovered help on the decrease trendline of the bear flag and tried a bounce.
Derivatives Positioning Shows Early Doubt and Quiet Support
Derivatives positioning additionally explains why the construction has not collapsed but. At first look, the general 30-day perp positioning appears to be like short-biased.
Smart cash remains to be web brief during the last 30 days, however the dimension of brief publicity has begun to shrink. Consistent perp winners are additionally web brief, however they’re opening contemporary longs, nearly 14% over 30 days. These teams usually rotate early earlier than path modifications.
The high 100 addresses and whales are nonetheless web lengthy, though their publicity has lowered.
This creates an uneven image. Most merchants count on draw back, however the discount in brief build-up and present lengthy positioning suggests some imagine the breakdown may be averted.
HBAR Price Levels Decide Whether Breakdown Holds
HBAR sits close to critical levels.
$0.108 is the neckline. Losing it confirms the bear flag. Below that, $0.102 is the final help earlier than the 31% continuation goal path strengthens.
Buyers want to retake $0.120 first. Above $0.126, momentum shifts sufficient to damage the flag structure. A transfer above $0.139 cancels the sample and restores a neutral-to-bullish bias. For now, the HBAR worth is balanced between each outcomes, with the bearish strain nonetheless taking middle stage.
HBAR wants roughly a 6.9% transfer to reclaim $0.126 and break the short-term downtrend. If that occurs whereas MFI holds its divergence and by-product shorts hold contracting, the scary breakdown may fail to materialize.
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