The Chaikin Money Flow is in negative territory, showing bearish capital flows.
Squeeze Momentum Indicator hints at upcoming price volatility.
Reclaiming $0.180–$0.188 may signal trend reversal, but outlook remains cautious.
HBAR has reversed its earlier gains this week, dropping 6.43% in the last 24 hours and settling at $0.1679. The altcoin’s short-lived rally of 13% failed to overturn a month-long downtrend.
Investors remain cautious, with technical indicators now pointing towards sustained bearish pressure.
Key metrics like the Chaikin Money Flow and Squeeze Momentum Indicator suggest HBAR could face significant volatility ahead.
Unless buying interest returns quickly, the asset risks slipping further towards the $0.154 level in the near term.
Bearish CMF signals declining investor confidence
One of the clearest signals of HBAR’s faltering momentum comes from the Chaikin Money Flow indicator.
The CMF has now crossed into negative territory, suggesting that capital outflows are exceeding inflows.
This metric, which reflects buying and selling pressure, implies that investor confidence in HBAR’s short-term recovery is weakening.
Market participants are becoming increasingly cautious as trading volumes fail to support a rebound.
The earlier 13% price increase that briefly took HBAR out of its slump has been undone, with traders failing to follow through with sustained buying.
Without a shift in sentiment or a clear catalyst to spark demand, the coin’s price may remain under downward pressure.
At current levels, HBAR risks losing support at $0.163—a critical zone that, if breached, may result in steeper losses.
Squeeze momentum indicator shows volatility is incoming
Volatility is another major concern for HBAR. The Squeeze Momentum Indicator (SMI), which helps traders anticipate sharp price moves, has formed black dots over the past 48 hours.
This pattern typically suggests that a “squeeze” is developing, meaning a breakout—upward or downward—may be imminent.
As of now, the SMI bars remain red, reinforcing the bearish tone. However, traders are closely watching for a shift to green, which could signal a bullish reversal.
Until such a shift occurs, the indicator suggests that HBAR may continue to experience selling pressure.
The importance of this squeeze lies in its potential to trigger a large move in price.
Given the lack of current momentum and the negative readings from both CMF and SMI, the odds favour a downward move unless sentiment shifts decisively.
If the trend continues, HBAR could test lower levels around $0.154.
HBAR fails to recover from downtrend
The overall market structure for HBAR remains bearish.
Despite the temporary recovery earlier this week, the token has failed to exit the broader downtrend that has gripped it for over a month.
Price action shows a consistent inability to break past the $0.172 resistance level, a key point that analysts believe must be overcome for any bullish sentiment to return.
The next few trading sessions are crucial. A move above $0.172 would invalidate the current downtrend and may attract fresh buying.
In that scenario, HBAR could reclaim higher levels near $0.180 and potentially target $0.188.
However, without strong buying support, that outcome looks unlikely for now.
For now, the bearish indicators—negative CMF, red SMI bars, and failed breakout attempts—suggest that HBAR’s path of least resistance remains downward.
Unless the market sees renewed interest or a favourable external event, HBAR could continue facing headwinds in the coming days.
Key support and resistance zones to watch
HBAR’s immediate support lies at $0.163, a level that has held up in recent sessions.
A break below this threshold may expose the token to losses towards $0.154, intensifying the current downtrend.
On the upside, resistance remains at $0.172, followed by $0.180 and $0.188. Only a decisive move past these levels will mark a potential reversal and allow bulls to regain control.
