Hedera (HBAR) Slides 7% as Bearish Signals Mount: More Downside Possible

Hedera’s HBAR Token Struggles Amid Market Rebound, Bearish Momentum Deepens
While much of the crypto market has shown signs of stabilization in recent days, Hedera’s native token HBAR has bucked the trend—falling over 7% this past week and flashing warning signs that more losses may lie ahead.
Technical indicators point to increasing bearish pressure on HBAR, even as traders across the broader digital asset space hope for recovery. The Relative Strength Index (RSI), a widely watched momentum indicator, currently sits at 43.38—well below the neutral 50 mark—indicating that sellers are in control and that a continued slide could follow.
The RSI gauges whether an asset is overbought or oversold on a scale of 0 to 100. Readings below 30 often suggest that a rebound may be near, but HBAR hasn’t reached that threshold yet, leaving open the possibility of further downside before bulls regain footing.
Adding to the concern is the Balance of Power (BoP) indicator, which currently reads -0.27. This metric assesses the strength of buyers versus sellers over a given timeframe. A negative value underscores growing dominance by bears in the market.
Downward Trendline Puts Pressure on Price
From a technical perspective, HBAR is now trading beneath a descending trendline—a pattern that typically suggests a sustained downtrend. This formation occurs when an asset repeatedly posts lower highs, creating a downward-sloping resistance level. Unless HBAR can break above this trendline, analysts suggest the token could slide toward the $0.12 mark.
That said, not all is lost. If HBAR manages to climb above the descending trendline and reclaim bullish momentum, it could potentially retest the $0.19 level. But in the current environment, that scenario appears increasingly distant unless buying interest intensifies.