HBAR Price Lags the Market Bounce — Late to the Party or Not Joining at All?

HBAR's price performance is lagging the general crypto market bounce, showing only a 2.2% gain while the broader market is up over 3.5%, and remaining down 37% over three months. Technical indicators present conflicting signals: the 4-hour chart suggests a potential catch-up move due to a bullish EMA crossover, similar to a previous 10% climb. However, demand signals contradict this, as spot flow has weakened significantly, showing net selling despite the minor price lift, indicating traders are selling into strength. Furthermore, the On-Balance Volume (OBV) shows a bearish divergence, meaning the recent bounce lacks strong buying volume support. For HBAR to confirm it is just late to the party, it needs a daily close above the key resistance level of $0.159, coupled with strengthening spot inflows and an OBV breakout above its descending trendline. Failure to hold $0.145 would shift the narrative to bearish, potentially leading to a drop toward $0.122, fitting the scenario of the token not joining the rally at all.

(Source：BeInCrypto)