- The Hedera HBAR price challenged the wedge pattern resistance at $0.1 despite stagnant open interest HBAR futures.
- Data from Coinglass shows open interest hovering near $100 million with a gradual decline for the past seven months.
- The 20-and-50-day EMA slope acts as major resistance against recovery attempts in HBAR price.
HBAR, the native cryptocurrency of Hedera, is down 0.8% during Wednesday’s market hours to trade at 0.093%. The pullback highlights overhead supply at $0.095 resistance, amid the formation of a falling wedge pattern and declining trend HBAR’s futures contracts. Will the Hedera HBAR price witness a renewed recovery or the asset is poised for major reversal?
HBAR Derivatives Signal Bearish Bias as Funding Rate Turns Negative
The crypto market witnessed a bullish uptick of 1% on Wednesday, which pushed its market cap to $2.39 trillion. This surge follows the macroeconomic development in the U.S as February CPI data came at 2.6%, matching January’s rate and the lowest since May 2025.
Core CPI rose just 0.2% monthly, down from 0.3% in January. These figures, in line with the market’s expectation, have cooled inflationary pressure and raised the odds for a potential rate cut in March.
However, the Hedera HBAR price struggled to follow the broader momentum and plunged $0.09 with an intraday loss of 0.8%. Thus, the coin price prolongs its consolidation trend below the psychological level of $0.1.
Hedera’s HBAR perpetual futures have shown low trading activity over a long period of time, about seven months, with price being subdued. Coinglass figures indicate open interest for these contracts remaining near the $100 million levels tracing a gentle downtrend. The data points to lower conviction in the markets and lower trading activity.
In addition, the OI-Weighted Funding Rate has declined significantly to -0.0097%. Such a negative figure indicates that shorts pay payments to longs, signaling the dominant bearish leanings in the derivatives segment.
Litecoin Price Holds Steady Uptrend Within Channel Pattern
The daily chart analysis of Hedera price shows a steady downward trend over the past seven months. The price pullback has resonated strictly within two converging trendlines, which act as dynamic resistance and support amid the formation of a falling wedge pattern.
Currently, the HBAR price is wavering close to the pattern’s resistance trendline at $0.1 psychological level. Historically, such consolidation at a strong resistance has suggested a distribution phase, which results in a bearish breakdown in near term.
If pattern holds, the coin price could breach the $0.094 support, to accelerate the market bearish momentum.
A bearish alignment between the daily exponential moving average (20<50<100<200) suggests the broader market sentiment is bearish, reinforcing the potential breakdown. The post-breakdown fall could push the Hedera HBAR price to $0.084, followed by $0.071.


Typically, the declining trend of these converging trendlines may gradually weaken the bearish narrative within this structure. On the contrary, if the coin price managed to break above the wedge resistance, the buyers could strengthen their grip over the asset for a sustained recovery ahead.
The post-breakout rally could change the initial target of $0.113, followed by $0.135.
Source: https://www.cryptonewsz.com/hedera-hbar-price-0-10-weak-futures-activity/



