HBAR Price May Repeat History As Bearish Squeeze Strengthens
HBAR faces bearish squeeze at $0.234, testing $0.230 support. If it holds, recovery to $0.244 could follow; otherwise, further declines toward $0.210.HBAR faces bearish squeeze at $0.234, testing $0.230 support. If it holds, recovery to $0.244 could follow; otherwise, further declines toward $0.210.
HBAR has seen significant volatility in recent days, as the altcoin grapples with broader market developments. After briefly testing its month-long support at $0.230, HBAR has faced downward pressure.
If the current bearish trend continues, the altcoin could drop below this key level, signaling further weakness.
HBAR Faces Turbulence
The Relative Strength Index (RSI) for HBAR is signaling growing bearish momentum. Currently below the neutral 50.0 level, the RSI marks a near-monthly low, suggesting that selling pressure is increasing. This shift indicates that the momentum for HBAR has turned negative, which could intensify the altcoin’s price decline.
With the RSI’s recent move, HBAR faces heightened pressure. The lower reading suggests that investors may remain cautious, especially as the broader market struggles. If the RSI continues to track below the neutral line, HBAR could experience even more downside, potentially breaching the month-long support.
Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.
HBAR RSI. Source:
TradingView
The Squeeze Momentum Indicator (SMI) is currently forming a squeeze, with bearish momentum gaining strength. The indicator’s black dots confirm the ongoing bearish trend, signaling that the price could experience increased volatility once the squeeze is released. If the selling pressure persists, HBAR is at risk of facing deeper losses.
The current squeeze suggests that the market may experience a sharp move in either direction once the volatility is unleashed. Given the increasing bearish momentum, it is likely that HBAR could face a further decline, reinforcing the negative outlook for the cryptocurrency.
HBAR Squeeze Momentum Indicator. Source:
TradingView
HBAR Price May Repeat History
HBAR is currently trading at $0.234, testing its monthly support level of $0.230. This marks the third time the altcoin has dropped to this support, but this time may be different. With the increase in bearish momentum, HBAR’s ability to hold the $0.230 level could determine whether the price continues to decline.
The combination of factors signals that the negative momentum is gaining strength, making it more likely for HBAR to fall below $0.230. A break of this support could lead to further losses, with $0.210 as the next potential support level. If the market conditions worsen, HBAR could decline even further.
HBAR Price Analysis. Source:
TradingView
However, if history repeats itself and HBAR bounces off the $0.230 support level, the price could recover to $0.244. If it manages to flip this resistance into support, it would invalidate the bearish thesis and open the door for a potential rise toward $0.271, signaling a shift in momentum.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
How much CPO demand will Nvidia Rubin Ultra generate? Bernstein: Optical value per Pod will increase fivefold
Bernstein believes that the co-packaged optics (CPO) and fiber demand driven by Nvidia's Rubin Ultra architecture will surge significantly, with the optical content per Pod rising from $1 million to $5.4 million. This will propel the size of Nvidia's optical ecosystem market to $46.8 billion by 2028 (a 91% annual increase). Although the industry faces supply bottlenecks with InP substrates, the outlook remains positive. The institution reiterates its “outperform” rating for Lumentum, Coherent, and Ciena.
UBS Q3 implements a two-way strategy with gold options, heavily invests in technology stocks, and builds positions in SK Hynix (SKHY.US)
UBS Group (UBS.US) has submitted its Q3 holdings report (13F) as of September 30, 2026.
SpaceX (SPCX.US) reportedly attempts “de-Nvidiaization” at the rack level: developing Kessel cabinets to bypass L6 compute boards, purchasing only chips
SemiAnalysis: SpaceX has developed its own Kessel cabinet, bypassing Nvidia's L6 cards to provide more options for manufacturing its own hardware.
$3.7 billion “data center power equipment prepayments” abandoned! What did "the most active buyer of gas turbines", SoftBank, see?
In the second quarter of fiscal year 2026, SoftBank reported a net loss of $7.1 billion, primarily due to a $3.7 billion impairment charge from a $9.5 billion advance payment for power generation equipment for US data centers—of which about $2.9 billion was non-refundable and effectively lost. The CFO admitted that SoftBank placed orders before the project plan was finalized, and is now conducting a comprehensive review of its procurement strategy. "The most aggressive purchaser of gas turbines has now written off the deposit in this way."
Crypto prices
More
