The post Hedera (HBAR) Bears Dominate, HBAR Eyes Key $0.15 Level appeared on BitcoinEthereumNews.com.

Hedera (HBAR) is under pressure, down roughly 13.5% over the past seven days, with its market cap holding at around $7 billion. Recent technical signals point to growing bearish momentum, with both trend and momentum indicators leaning heavily negative. The price has been hovering near a critical support zone, raising the risk of a breakdown below $0.15 for the first time in months. Unless bulls regain control soon, HBAR could face further losses before any meaningful recovery attempt. HBAR BBTrend Has Been Turning Heavily Down Since Yesterday Hedera’s BBTrend indicator has dropped sharply to -10.1, falling from 2.59 just a day ago. This rapid decline signals a strong shift in momentum and suggests that HBAR is experiencing an aggressive downside move. Such a steep drop often reflects a sudden increase in selling pressure, which can quickly change the asset’s short-term outlook. The BBTrend, or Bollinger Band Trend, measures the strength and direction of a trend using the position of price relative to the Bollinger Bands. Positive values generally indicate bullish momentum, while negative values point to bearish momentum. HBAR BBTrend. Source: TradingView. The further the value is from zero, the stronger the trend. HBAR’s BBTrend is now at -10.1, signaling strong bearish momentum. This suggests that the price is trending lower and doing so with increasing strength, which could lead to further downside unless buyers step in to slow the momentum. Hedera Ichimoku Cloud Paints a Bearish Picture Hedera’s Ichimoku Cloud chart reflects a strong bearish structure, with the price action positioned well below both the blue conversion line (Tenkan-sen) and the red baseline (Kijun-sen). This setup indicates that short-term momentum is clearly aligned with the longer-term downtrend. The price has consistently failed to break above these dynamic resistance levels, signaling continued seller dominance. HBAR Ichimoku Cloud. Source: TradingView. The…

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Filed under: News - @ March 31, 2025 11:15 pm