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HBAR’s price is trading near $0.118, up about 2% today, but still down about 18% this month. The broader structure is fragile, and the chart still indicates a continuation of the downtrend, thanks to a breakout pattern.
Even with this risk, buyers defend themselves. The low buying and initial changes in the chain now determine whether HBAR will avoid a deep correction.
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Crash risk meets low buying support
still HBAR daily chart It shows a bearish pattern between the pole and the flag. If the price loses $0.108, the breakout could open the door to a slippage of 31% based on the pole’s prediction.
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Declining buyers are looking to disrupt. The Money Flow Index (MFI), which measures inflows and outflows via price and volume, deviated to the upside.
Between December 9 and December 29, the price of Hedera (HBAR) trended lower while the IMF rose. This shows that buyers are entering dips rather than allowing the collapse to continue.
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Divergence does not guarantee a recovery, but it does indicate that demand is returning to key levels. This could be one of the reasons why HBAR found support at the lower trend line of the bearish flag and tried to jump.
Derivatives positioning shows early doubts and quiet support
The positioning of the derivatives also explains why the structure has not yet collapsed. At first glance, the position of the 30-day offender appears to be short-sighted.
The smart money is still short over the last 30 days, but the amount of short exposure is starting to decrease. The winners of the fixed convictions also suffer a net loss, but they open new offers with sales, about 14% in 30 days. These groups often rotate first before changing direction.
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The first 100 titles and whales are still long net, despite their reduced exposure.
This creates an uneven image. Most traders expect a pullback, but the decrease in the building of short positions and the current long positions suggests that some believe that a collapse can be avoided.
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HBAR price levels determine whether the collapse will continue or not.
$0.108 is the neckline. His loss confirms the science of the bear. Below, $0.102 is the last support before driving the target path to continue at 31%.
Buyers should pick up $0.120 first. Above $0.126, the momentum changes quite a bit To damage the structure of science. A move above $0.139 cancels the pattern and restores the bias between neutral and bullish. Currently, the HBAR price is balanced between the two results, with bearish pressure continuing to take center stage.
HBAR needs a move of about 6.9% to regain $0.126 and break the short-term trend. If this happens while the IMF maintains its divergence and exposed derivatives continue to shrink, the feared collapse may fail to materialize.
