🔥$HBAR is trying to bounce from the lower levels, but honestly, the bears are still looking stronger here.
HBAR is trading around $0.065 after getting rejected from higher levels. The recent ETF-related news is not helping either. Grayscale pulling HBAR from its ETF filing has weakened the institutional story around the token, while ETF flows are still pretty small.
Yes, HBAR has some positive news around the Wyoming FRNT stablecoin, and price is showing a small recovery. But a 2–3% bounce alone is not enough to say the trend has changed.
For me, $0.07 is the main level to watch now.
If HBAR can break above $0.07 and hold there with good buying volume, then we could see a stronger recovery toward the previous highs.
But if price gets rejected again around $0.07, I would be careful. Sellers could push HBAR back toward $0.065, and losing that support could open the door for another deeper move down.
Right now, I’m not calling this bullish yet. HBAR needs to prove that buyers are actually coming back before the trend can turn.
$0.07 = breakout zone
$0.065 = important support
Watch these two levels closely.
$HBAR
HBAR is trading around $0.065 after getting rejected from higher levels. The recent ETF-related news is not helping either. Grayscale pulling HBAR from its ETF filing has weakened the institutional story around the token, while ETF flows are still pretty small.
Yes, HBAR has some positive news around the Wyoming FRNT stablecoin, and price is showing a small recovery. But a 2–3% bounce alone is not enough to say the trend has changed.
For me, $0.07 is the main level to watch now.
If HBAR can break above $0.07 and hold there with good buying volume, then we could see a stronger recovery toward the previous highs.
But if price gets rejected again around $0.07, I would be careful. Sellers could push HBAR back toward $0.065, and losing that support could open the door for another deeper move down.
Right now, I’m not calling this bullish yet. HBAR needs to prove that buyers are actually coming back before the trend can turn.
$0.07 = breakout zone
$0.065 = important support
Watch these two levels closely.
$HBAR