Hedera (HBAR) Dips Below Critical Support as Bearish Pressure Mounts

BTCC / BTCC Square / Global Cryptocurrency /

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2025-04-30 14:25:54

[TRADE_PLUGIN]HBARUSDT,HBARUSDT[/TRADE_PLUGIN] Hedera HBAR News -

Hedera’s HBAR has dropped 2.5% today, falling below the key $0.184 support level. The cryptocurrency is currently trading at $0.1815, well under its 50-hour EMA of $0.1883—a clear technical signal of bearish momentum.

Traders are considering short positions if HBAR fails to recover the $0.184-$0.185 resistance range. Potential downside targets include $0.1784 and $0.1756, with additional pressure from regulatory delays in HBAR’s ETF filing.

This decline follows days of tightening price action between lower highs and flat support, indicating weakening demand. market participants are now watching for either a technical rebound or confirmation of further downward movement.

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