HBAR Technical Analysis: Downtrend BOS at $0.0899, BTC Watch
HBAR is trading around $0.0911, down about 3.5% (24h), and remains in a bearish market-structure setup (LH/LL). The analysis highlights key levels: resistance at $0.0961 (major) and $0.0922 (intermediate), with supports at $0.0899 (trigger) then $0.0857 and $0.0793. Indicators are mixed-to-bearish: RSI (14) near 42.5 and MACD histogram negative, supporting ongoing downside pressure.
A structure break (BOS) is the key decision point for HBAR. Bearish BOS is expected if price breaks below $0.0899, which would strengthen the downtrend and open room toward a downside target near $0.0551. Bullish scenarios require HBAR reclaiming $0.0961 via a daily close, shifting structure toward a potential higher-high/higher-low sequence; otherwise, upside odds are described as low.
Traders are also warned that HBAR is highly correlated with BTC. BTC is in a downtrend and testing major supports, so continued BTC weakness can drag HBAR lower. For timing and risk management, the article suggests waiting for BOS confirmation before adding exposure, e.g., shorts with invalidation below/around the $0.0899 area and longs only after a clear reclaim of $0.0961.
Bearish
The article frames HBAR’s current state as a continuation of a downtrend: lower highs at ~$0.0961 are being rejected and the next decisive line is ~$0.0899. With RSI below 50 and a negative MACD histogram, momentum aligns with bearish structure. The proposed trade logic is event-driven: a bearish BOS below $0.0899 would typically trigger sell-side liquidity and accelerate downside, while the bullish alternative (daily close back above $0.0961) is required to change the structure.
HBAR’s linkage to BTC adds an important risk channel. When BTC remains bearish and retests supports, altcoins like HBAR often experience “bleed” through correlation, reducing the probability of sustained rebounds. In similar past market phases, traders tend to wait for confirmation (BOS/CHoCH) to avoid false breakouts during low-volatility consolidation around round levels.
Short term: elevated downside risk if $0.0899 fails, with potential for a step-down move. Long term: reversal becomes plausible only after reclaiming and holding higher resistance ($0.0961) and seeing RSI/MACD turn supportive; until then, the path of least resistance remains bearish continuation.