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The price of Hedera continued the downward trend with the continuous sales pressure affecting the market structure. HBAR remains trapped in a long-term trend, limiting recovery attempts.
Recent data suggests that sellers are decisively in control, pushing HBAR towards critical support areas as confidence weakens among short-term and leveraged traders.
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Hedera holders sell
Market sentiment around HBAR continues to be decidedly bearish. The Money Flow Index has shown sustained selling pressure during recent sessions.
The index has fallen below the neutral limit of 50.0 and is now in negative territory, indicating that capital flows dominate over inflows.
This reading suggests that investors remain skeptical about a near-term recovery.
Also, when the cash flow index remains low, it reflects a decrease in demand and a decrease in risk appetite. These conditions often precede continuous price weakness, especially when momentum fails to return to consolidation.
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The data in general contributed to the enhancement Downside risks faced by Hedera. Liquidation charts show increasing vulnerability of traders with long positions.
However, if HBAR loses the immediate support level at $0.114, about $1.07 million of long positions could be liquidated. This will accelerate the sales pressure.
Further subsidence will amplify the effect. If the $0.112 level is broken, more than $2.71 million of long positions could be liquidated. This forced liquidation will increase the pressure on the market, intensify the downward momentum and discourage the entry of new long positions in the market.
The price of HBAR is still under the downward trend
The price of HBAR has been in a clear trend for about two months. At the time of writing, the token is trading at around $0.117. The price maintained stability slightly above the $0.114 support level, as this level played the role of short-term defense against deeper losses.
Given the prevailing negative momentum, the probability of losing this support remains high. Therefore, a price break below $0.114 is likely to lead to expected liquidations. However, it can send a move HBAR Towards $0.109, reinforcing the broader bearish structure.
A recovery scenario remains possible. If bullish momentum returns and selling pressure subsides, it could go higher HBAR price. Continuously surpassing the $0.120 level will improve sentiment. Furthermore, a break of the $0.125 level will invalidate the bearish hypothesis, indicating a return of strength and a reversal of the trend in the short term.
