The post HBAR Technical Analysis Feb 5 appeared on BitcoinEthereumNews.com.

HBAR has retreated to the $0.08 level with a sharp drop, with RSI at 28 indicating the oversold region; if the critical $0.0839 support breaks, deeper losses may come into play. Market Overview and Current Position Hedera Hashgraph’s native token HBAR is trading at the $0.08 level with a 7.19% loss over the last 24 hours. A clear downtrend dominates the daily timeframe, while 24-hour trading volume has declined to $163.50 million, indicating increased selling pressure. Weakness in altcoins across the market has also affected HBAR, bringing the price closer to the lows of recent weeks. The 24-hour range is stuck in the $0.08-$0.09 band, and the decrease in volume signals that buyers have not yet entered. When examined in a multi-timeframe (MTF) context, a total of 7 strong levels were identified across the 1D, 3D, and 1W charts: 1 support on 1D, 1 support/1 resistance on 3D, and 1 support/4 resistances on 1W. This confluence emphasizes HBAR’s vulnerable position in the short term. Overall market sentiment is negative; altcoin rotation has stopped alongside Bitcoin’s 6.74% drop. Considering HBAR’s market cap and ecosystem developments, these low levels could offer a base formation opportunity, but optimism is premature without a trend break. In the long-term perspective, HBAR’s enterprise-focused network advantages (fast transactions, low fees) remain valid, but current macro pressures are dominating the price. Those wishing to check detailed data for HBAR Spot Analysis can examine the current spot market dynamics. Technical Analysis: Key Levels to Watch Support Zones HBAR’s strongest support level stands out at $0.0839 (score: 87/100); this level shows high confluence on the 1D timeframe and serves as a critical base in multi-timeframe analysis. The price is currently struggling to hold just above this level, but the drop in volume has increased the breakout risk. If broken, the…

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Filed under: News - @ February 5, 2026 11:26 pm