Hedera Dives to 0.09: Bears Throw a Resistance Party

by

The Hedera Hashgraph is still pretending to be a roller coaster designed by a spreadsheet, with price action shouting a bigger corrective formation like, “Surprise, we’re not done yet.”

HBAR Test October lows as Bearish Structure Holds

In a recent X post-because apparently that’s how we measure wisdom-the analyst More Crypto Online says HBAR has brushed up against the October 10 low around the $0.072 area, where even the tiniest reaction shows up in the chart. Short-term bounce? Sure. Sustainable bottom? Not so much. The price structure is doing the same sad dance we’ve watched for weeks.

The bigger picture, as the analysis gently explains, is that the overall trend is weak, and the token is trading below the declining resistance. The red zone between $0.126 and $0.177 is where the bullish momentum would need to assemble to give the bias a little pep rally.

On the downside, as long as the price stays below the red support line, it’s very likely we’ll see more extensions. The next stop in that case is around $0.046. When the trend isn’t regained until the resistance is regained, uptrends become “corrective” and stop defining the actual trend.

Data Show Poor Price Performance

BraveNewCoin notes Hedera trading at about $0.09083, down 2.29% in the last 24 hours. The day’s range was $0.08960 to $0.09310, a pretty narrow wobble near the bottom of the recent range. Translation: buyers are still sleepy after the pullback.

The market cap sits around $3.90 billion, with 24-hour trading volume at about $83.58 million, suggesting there’s a stubborn presence even as prices drift lower. Circulating supply is 43.00 billion, and the token is ranked 34th by value. Liquidity is still in the building, but capital inflows are picky and not exactly throwing a party.

In the longer-term view, the coin remains well below its all-time high of $0.57 from September 2021. The recent price is down more than 84% from that peak, which helps explain why the recovery needs to clear some serious resistance before it finds its foothold again.

Technical Indicators Do Not Revert to Oversold States

According to TradingView, HBARUSDT is trading roughly in the $0.088-$0.091 range, sliding steadily since the end of 2025 when it was above $0.15. The daily chart shows a string of lower highs and lower lows, supporting the bearish structure. Candles in recent days reveal relatively low volatility, signaling consolidation more than impulsive selling.

The momentum indicators lean negative. The MACD (12, 26, 9) sits below zero, and the histogram is hovering near neutral, suggesting decelerating downward momentum. No dramatic crossover has occurred, so momentum sits on the negative side. Stabilization, not a reversal, seems to be the vibe.

RSI (14) sits in the mid-to-high 30s, nudging into oversold territory. Short-term bounces are possible, but the RSI doesn’t scream long-term strength. Immediate resistance is around $0.10, while support sits near the analyst’s danger area around $0.085 and then about $0.072.

In general, the charts point to Hedera consolidating around the recent lows, and any technical recovery will require the ability to reclaim established resistance, not just a few quick moves.

Read More

2026-02-11 21:04