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- HBAR faces resistance at $0.285–$0.3, with a short-term dip toward $0.22 likely.
- Liquidity build-up at $0.218–$0.223 could magnetize price action.
- A break below $0.206 would signal a deeper pullback and weaken the bullish case.
Hedera [HBAR] has slipped back below the Value Area High (VAH) of $0.264, according to the Fixed Range Volume Profile (FRVP) measured from January’s price action. The altcoin once again faced selling pressure near the $0.285–$0.3 supply zone, peaking at $0.305 on July 27 before reversing.
Despite this rejection, HBAR’s broader market structure remains bullish after July’s strong gains. The price has yet to break below the higher low at $0.223, a crucial marker for trend continuation.
Liquidity Zone Could Trigger a Dip
Technical indicators point to fading bullish momentum. The Accumulation/Distribution (A/D) line has failed to establish an uptrend, signaling weak sustained demand. Similarly, the Chaikin Money Flow (CMF) has fallen below -0.05, indicating notable capital outflows.
A significant build-up of liquidity between $0.218 and $0.223 since mid-July makes this zone a likely short-term magnet for price action. Analysts expect a possible dip to $0.22 or slightly lower, which could offer investors an opportunity to accumulate at a discount.
Key Levels to Watch for Bulls and Bears
While the long-term bullish bias remains intact, a drop below $0.206 would raise red flags for traders and investors. In such a case, a deeper pullback could materialize—especially if Bitcoin [BTC] fails to defend the $112k support zone and slips below $110k.
Also Read: Hedera (HBAR) Price Surges 150% and Eyes Breakout Above Key Resistance
For now, short-term traders may prefer to stay on the sidelines until the liquidity hunt plays out, while long-term investors could see the $0.22 region as a potential entry point.
Hedera’s recent price action shows short-term weakness within a larger bullish framework. The $0.218–$0.223 liquidity cluster could pull the price lower in the coming days, but unless $0.206 is broken, the broader uptrend remains intact. Market participants should monitor Bitcoin’s movements closely, as broader market sentiment will likely influence HBAR’s next move.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
I’m a crypto enthusiast with a background in finance. I’m fascinated by the potential of crypto to disrupt traditional financial systems. I’m always on the lookout for new and innovative projects in the space. I believe that crypto has the potential to create a more equitable and inclusive financial system.
