Hedera (HBAR) risks dropping to February lows if $0.08 gives way

1 day ago 5

Rommie Analytics

  • Hedera (HBAR) price is hovering near a fragile $0.08 support cluster.
  • Losing $0.08 could open a move toward $0.07842 or lower.
  • Upside only improves if the $0.0942 resistance is reclaimed.

Hedera’s price has been drifting lower again, and the latest price action is starting to circle a level that traders are watching very closely.

At around $0.0856, the token is down about 1.5% over the past 24 hours, with intraday trading ranging between $0.0846 and $0.0875.

On the surface, it looks like a normal pullback in a weak market.

But underneath, the structure is tightening around a critical zone that could decide whether the next move is stable consolidation or a deeper slide toward February’s lows near $0.072.

HBAR price analysis

Notably, the broader trend hasn’t been friendly to altcoins in general.

Over the past week, Hedera has lost more than 6%, and the monthly decline is now above 12%.

Even longer-term momentum remains n...

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