Hedera’s price is under sharp pressure as the altcoin faces a significant decline driven by weakening market sentiment. HBAR has struggled to regain momentum after a steep pullback, and ongoing bearish conditions suggest further downside risk.
Traders remain cautious, and the broader market environment is offering little support for a recovery.
Hedera Futures Market Shows Uncertainity
HBAR’s funding rate has fluctuated notably over the past several days, highlighting an absence of trader conviction. This inconsistency reflects uncertainty among market participants, who are reluctant to take decisive long or short positions. Such hesitation often keeps prices directionless and vulnerable to continued losses.
The lack of clear sentiment direction is bearish for Hedera at this stage. Funding rate instability typically signals indecision, which can weaken support levels and extend volatility during downtrends.
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HBAR Funding Rate. Source: Coinglass
The Relative Strength Index is dropping and currently sits below the neutral 50.0 mark, signaling a shift into bearish territory. Positioned closer to the oversold threshold of 30.0, the indicator suggests that downward momentum remains strong. This trend does not favor immediate recovery, as sellers continue to dominate.
Although assets often rebound once they enter oversold conditions, HBAR has yet to reach that zone. Until the RSI dips further, the bearish pressure is likely to persist. This signals that the altcoin may face additional weakness before any significant reversal emerges.
HBAR RSI. Source: TradingView
HBAR Price Could Continue Its Decline
HBAR has fallen 25% over the last week and trades at $0.144, hovering near the $0.145 level. The steep decline has pushed the token into a vulnerable position where bearish sentiment continues to overshadow attempts at stabilization.
Based on current indicators, HBAR could slip below its $0.139 support level. A drop to $0.133 or even $0.120 is possible if selling accelerates and market conditions worsen. Such a move may trigger panic among investors and deepen the correction.
HBAR Price Analysis. Source: TradingView
If HBAR manages to hold the $0.145 support and bounce, the price could attempt a recovery toward $0.154. A breakout above that level may open the path to $0.162 or even $0.175. This scenario would invalidate the bearish outlook and signal renewed buyer interest.
