HBAR Price Shows Cracks — Yet a Quick Rebound May Be Hiding in the Charts
HBAR price is showing bearish signs on the daily chart, but a short-term rebound might be forming on lower timeframes.Summary
The HBAR price has recently fallen by 3.2% to around $0.195, contrasting with flat performance from most large-cap tokens and erasing some of the previous week's gains.
The daily chart indicates a weak structure due to a hidden bearish divergence between price making lower highs and the Relative Strength Index (RSI) making higher highs, suggesting the broader downtrend may continue. Furthermore, the Chaikin Money Flow (CMF) has dropped below zero, confirming consistent outflows of large amounts of money from HBAR, indicating institutional selling.
Despite the bearish outlook, the 4-hour chart suggests a potential short-term rebound window due to a hidden bullish divergence. If HBAR can close above the $0.204 resistance, it might briefly rally toward $0.219; however, a drop below $0.189 could lead to further declines toward $0.168, which would invalidate any immediate rebound setup.
(Source：BeInCrypto)