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The HBAR price is facing new pressures. The symbol has decreased by about 17% in the last seven days and about 24% on a monthly basis, continuing a constant downward trend.
This last drop is all the more important because a major technical goal has now been achieved. What happens next depends on whether this level is maintained or collapsed.
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The price has reached the goal of the head and shoulders model
On November 13, it was confirmed HBAR A breakdown of the head and shoulders pattern On the daily paper. The model predicted a downward movement of about 28% from the neckline.
This target was reached on December 15, when the price touched the area of ​​$0.113. Since then, HBAR has been installed and moved aside. This move is important because the exact target of the breakthrough now acts as short-term support.
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Technically, it starts the first moment sellers stop to reassess. A clear break below this level reveals a continuation of the trend. Holding on to it, even if temporarily, provides the opportunity for a small rebound. The chart has completed its task. Now the indicators determine if the movement is finished.
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Chain and flow data still point to weak demand
It represents that capital flow metrics do not yet support a strong and stable rebound.
The Chaikin Money Flow (CMF) index fell to around -0.32, its lowest level in about a year. The CMF indicator tracks whether big money is coming in or going out. Very negative readings mean this Capital Leaves Hedera (HBAR)even if the price is trading against the support line.
This shows that the recent break was not the result of interference from powerful buyers. Big bucks, and maybe whales, are still staying away from the market.
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Streaming business data in real time exposes an additional level of vulnerability. On December 14th, Etchpar recorded a net exchange flow of approximately $3.16 million, meaning that tokens moved away from the exchanges. This usually indicates short-term buying activity or reduced selling intent.
But this support did not continue. In the last 48-72 hours, the inflows have reversed and are net inflows again, although the numbers are small, about $0.30 million. The trend here is more important than the volume. This shows that the previous buying pressure has dissipated, and the coins are gradually returning to the exchanges.
In simple terms, buying interest is rapidly declining. The big holders are still absent, and the short-term buyers are down.
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With the downside goal achieved, the chart now shows more openness, especially as the apathy of big money and retail traders that was evident earlier becomes apparent.
If lost price of Etchbar $0.113 level, the next support will be near $0.107. Clearly breaking this level reveals $0.095, which means an additional 16% drop from current levels.
On the downside, any recovery will remain corrective unless the price retakes the $0.155 level at the end of each day. This level is in line with previous support and the lower part of the previous range. Without this, any rebounds will likely fade away.
At the moment, Etchbar has performed what the price drop predicts. The question is not whether the model worked; The real question is whether this pause with weak demand will turn into another downturn. All indicators point to a decline, at least so far.
