HBAR Price Clings to $0.102 Support as Bearish Metrics Raise Breakdown Risk

Hedera (HBAR) price is currently holding the critical $0.102 support level, maintaining a W-shaped recovery pattern, but underlying metrics suggest this bullish structure is weakening. The Chaikin Money Flow (CMF) has slipped back below zero, indicating capital outflow, and large holders (whales) have shown hesitation in accumulating during recent dips. Furthermore, market sentiment has collapsed sharply by over 94% since January 19, mirroring previous periods where similar sentiment drops led to significant price declines. While dip buying, evidenced by a rising Money Flow Index (MFI) against falling prices, is currently preventing a breakdown, this support is fragile. If HBAR closes decisively below $0.102, the pattern is invalidated, risking a drop to $0.094 or $0.073. A successful upside continuation requires CMF to reclaim zero, sentiment stabilization, and price recovery above the $0.118–$0.124 zone to target the $0.135 neckline.

(Source：BeInCrypto)