Hedera Hashgraph is trading around $0.132, stabilizing after a persistent intraday downtrend that pushed the token into a narrow consolidation range.
Market conditions reflect reduced volatility, thinning liquidity, and declining leveraged participation — all pointing to a cautious and slightly bearish short-term environment.
HBAR Stalls Above Support After Steady Long Unwinding
On the 1-hour chart, the cryp[to continues to trade just above the $0.13 support region after failing to sustain levels above $0.145–$0.150 earlier in the period.
The decline accelerated at the start of December, forming a tight cluster of small-bodied candles that indicate hesitation rather than a clear reversal.
Attempts to push higher have so far lacked follow-through, with each bounce fading quickly as buyers show limited commitment.
Source: Open Interest
Aggregated open interest has retreated to 55.2M, down from the upper-60M range seen earlier. This steady contraction in OI highlights long unwinding and reduced speculative exposure rather than a surge in new short positioning. The absence of any sharp OI spikes during the selloff confirms that the move was driven by slow capitulation rather than aggressive leveraged trading.
For sentiment to strengthen, the asset needs to reclaim the $0.138–$0.140 zone — a key intraday resistance band — supported by renewed open interest expansion. Without fresh participation, price is likely to remain range-bound near support, leaving room for another drift lower if liquidity continues to thin.
Data Shows HBAR Down 2.46% With Market Cap at $5.66B
On the other hand BraveNewCoin data shows Hedera trading at $0.13, down 2.46% over the past 24 hours, with a market cap of $5.66B. Daily volume sits near $197.6M, consistent with the cooling activity seen following the early-month decline. Price action remains compressed within a narrow band between $0.130–$0.134, reflecting a broad slowdown across mid-cap assets.
The market structure continues to demonstrate lower reaction highs, underscoring the lack of sustained demand at current levels. Failure to gain traction above short-term resistance reinforces the cautious stance of buyers, especially as liquidity rotates into higher-beta assets elsewhere in the market.
As long as HBAR remains pinned below the $0.138–$0.140 region, upward momentum is likely to remain limited, keeping the broader structure skewed bearish in the near term.
Indicators Show Weak Momentum as Capital Flows Remain Negative
On the daily chart, HBAR mirrors the broader weakness seen across altcoins, with momentum indicators showing stabilization but no clear reversal signal.
MACD remains negative, and although the histogram has been flattening, it still reflects subdued momentum rather than a shift toward bullish pressure. This cooling phase suggests selling intensity is easing, but buyers have yet to demonstrate conviction.
Source: TradingView
Capital flows also remain soft, with negative readings indicating persistent outflows similar to conditions observed in other mid-cap assets. For a meaningful structural improvement, the asset would need to pair a MACD recovery with a return of positive inflows and a decisive reclaim of the $0.14 zone on increasing volume.
Until those conditions emerge, price is likely to continue consolidating with a mild bearish tilt, leaving the $0.125–$0.130 region vulnerable to retests if participation continues to thin.