Bears take control: HBAR slides toward $0.224 with rising volume as RSI drops to 41, putting a 0.5 Fibonacci ($0.22436) and EMA-50 ($0.22153) confluence zone in focus.
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Overall HBAR Price Structure
Since July 12, HBAR has exhibited a strong upward momentum. A sharp rise from $0.1910 to $0.2577 formed a series of higher highs and higher lows. However, after reaching the peak, we observed a consistent decline with a lower-highs pattern.
The current price of $0.23107 has settled below critical support. The 0.382 break occurred with an impulse on a volume of 12.79M HBAR – seven times the hourly average. Volumes decreased from 5.2M HBAR on impulse candles to 1.8M HBAR during the initial pullback but rose sharply at the breakdown. Thus, the structure of the sharp upward movement is already broken, and the next support is located in the $0.224–0.222 zone.
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HBAR EMA and RSI
- EMA-20 ($0.23460). The moving average turned downward after the peak. The current price is trading 1.5% below this level. The angle of decline accelerated to 20 degrees. The gap between the price and the EMA-20 is widening. A move back above will require overcoming 0.382 resistance and volume rising above 15M HBAR.
- EMA-50 ($0.22153). Still has an upward angle of about 25 degrees. It is located 4.1% below the current price. However, convergence with the 0.5 Fibonacci level creates a strong support zone at $0.221–0.224. The first serious bounce attempt may occur upon approaching this level.
- EMA-100 ($0.20313). Pointing upward at a 20-degree angle. It is 12.1% below the market price. Reaching this area would indicate a deep correction and a possible trend reversal. This level serves as the last line of defense for mid-term buyers.
- EMA-200 ($0.20319). Almost identical to EMA-100, positioned at $0.203. A volume of 28M HBAR has accumulated at this level over the past 7 trading days. A test is possible if the 0.618 Fibonacci level is broken.
HBAR RSI
The indicator broke the critical level of 43, currently standing at 41.42 and activating a bearish scenario. The drop from above 80 to current levels occurred in 28 hours. The 38–40 range may trigger a rebound, but a return above 50 is required for a trend reversal.
HBAR Fibonacci Key Zones
- 0.236 ($0.24198). The first retracement level was broken without significant resistance and now acts as the nearest resistance. For the local uptrend to resume, the price needs to rise and hold above it.
- 0.382 ($0.23224). The level was broken on 12.79M HBAR volume after five tests over 10 hours. The price has settled below, and it now acts as resistance. A move back above is unlikely without volume exceeding 15M HBAR.
- 0.5 ($0.22436). The next target for bears. A volume of 8.7M HBAR is concentrated at this level, and its confluence with the EMA-50 zone ($0.22153) reinforces the support.
- 0.618 ($0.21649). A deep correction for an impulsive move. Reaching this level would call into question the strength of the previous impulse.
- 0.786 ($0.20861). A critical level between correction and reversal. A breakdown may indicate full bearish dominance.
HBAR Market Sentiment
Bears control the market after the 0.382 breakdown on record hourly volume, and every bounce attempt is met with selling. The RSI has also broken the critical 43 level, confirming the bearish scenario.
All indicators point to continued decline: the price is 1.5% below EMA-20 with a widening gap, RSI is in a downtrend, and breakdown volume exceeded the average by a factor of seven. The next battle will take place in the $0.224–0.221 zone (0.5 Fib + EMA-50).
