HBAR has some upside left – is it enough to avoid a 13% drop?

HBAR is in short supply. The token is down almost 2% in the last 24 hours and close to 10% in the week. In the process, the HBAR price broke several short-term support levels and is now near $0.12.

This level is crucial. HBAR Just 1% above the breakout zone could push the price towards $0.10. This move results in a decrease of 12% to 13% from current levels. But a bullish signal still keeps the structure intact. If it fails, the downside can accelerate.

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Withdrawal of money weakens the establishment

The main source of pressure comes from the range Great mounts HBAR act .

This is demonstrated by Chaikin Money Flow (CMF), which tracks whether large funds are entering or exiting an asset by combining price movement with trading volume. When the CMF is above zero, big buyers are active. When it drops below zero, distribution has occurred.

For HBAR, the CMF deteriorates sharply. Since December 7th, the CMF has fallen more than 400% and entered negative territory. However, previous CMF pullbacks have been positive, meaning buyers are absorbing selling pressure. This time, that support is gone.

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There is also a clear downward bias. Between October 10 and December 14, the price of the HBAR formed lower, while the CMF formed lower. This indicates that the recent price stability is not supported by strong demand from the major players.

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In simple terms, the price tried to hold, while the big money quietly left. This imbalance makes the price of HBAR vulnerable.

A bullish signal still holds the floor

Despite the weakness in the larger monetary picture, the momentum indicator still shows a bullish sign.

This indicator is the Relative Strength Index (RSI), which measures the strength and speed of recent price movements. This helps identify when sales pressure may emerge. Readings near 30 usually indicate oversold conditions.

on HBAR daily chartThe Relative Strength Index has formed an upward divergence. Between November 21 and December 14, the HBAR price recorded a lower low, while the RSI indicator recorded a higher low. This is a classic bullish divergence and often appears as a sign of a trend reversal.

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Note: the HBAR price is in a clear trend, losing more than 48% over the three-month horizon.

This tells us that sellers are still pushing prices down, but with less force each time. The decline continues, but the seller-led momentum behind it is weakening. At the moment, this RSI deviation is the only positive movement left for HBAR.

Is the price of HBAR collapsing or changing the scale?

The price movement determines the final result. HBAR trade Below the downtrend line that has set the maximum intensity for each rally for weeks. At the same time, the price contains a support based on the Fibonacci trend near $0.12. This line is the basis for a descending triangle pattern, complemented by a descending trend line.

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This area is the last line of defense.

If $0.12 breaks decisively, the next major support is near $0.10. This move will confirm a 12% to 13% breakout and extend the downward trend.

To stabilize, the HBAR price must recover $0.13. This level corresponds to a key Fibonacci retracement area and indicates that buyers are back in action.

The biggest change will be just above $0.13. This will return the price to the downtrend line and reset the structure from bearish to neutral.