Hedera Hashgraph (HBAR) Slides as Sell-Off Tests Support and Eyes $0.12 Breakout
Hedera Hashgraph (HBAR) suggests a potential reversal as the token experiences a sell-off, drawing attention to a developing pattern on the charts.
The inverse head and shoulders pattern could be a sign of a potential move, although the technical indicators suggest the token will continue to be under pressure as it tests significant levels of support.
At the time of writing, Hedera Hashgraph (HBAR) is trading at $0.08875, with a 24-hour trading volume of $167.61 million and a market capitalization of $3.84 billion, according to CoinMarketCap data. Over the last 24 hours, HBAR has slipped by 1.18%.
HBAR Signals Potential Trend Reversal
On February 11, 2026, crypto analyst CryptoPulse posted on X that HBAR could be gearing up to experience a trend change. The HBAR appears to be creating an inverse head and shoulders pattern on the 4-hour chart after a steep decline. This is one of the early indications of a possible reversal
According to CryptoPulse, it was noted that the neckline was between $0.094 and $0.096. A breakout through this level could potentially open doors to a price increase to the $0.12 level, as it is a measure of how far the head is from the neckline. However, it was noted that one should wait for confirmation before making any assumptions.
HBAR Faces Short-Term Weakness
Despite the situation possibly reversing, the indicators point to short-term weakness. The HBAR price is currently around $0.08874; the RSI over 14 periods is at 31.30, which is near oversold levels, below the signal line, which stands at 35.06, indicating that buying momentum is still limited.
A moving average ribbon has confirmed the bearish setup. HBAR is currently trading below its key moving averages, which include the 20-day simple moving average at $0.17620, the 50-day simple moving average at $0.15379, the 100-day simple moving average at $0.13809, and the 200-day simple moving average at $0.11071.
Momentum indicators again support the need for caution. MACD remains in negative territory, with the line at -0.02830 below the signal line at -0.02403, and the histogram at -0.00427. It again indicates selling pressure, and as long as the MACD remains below its signal line, the selling pressure remains in control.
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Hedera Hashgraph Trend Hangs in Balance
Currently, Hedera Hashgraph is at a critical technical position. A breakout above the neckline area may help the asset climb. Meanwhile, the failure to hold the current support may continue to pressure the asset in the short term.
Investors are keenly observing the situation to ascertain whether the emerging pattern will help shift the current trend.
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Filed under: Bitcoin - @ February 11, 2026 3:30 pm