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HBAR's Surge Falls Short of Technical Benchmarks as Crucial Thresholds Shape Its Outcome

HBAR's Surge Falls Short of Technical Benchmarks as Crucial Thresholds Shape Its Outcome

Bitget-RWA2025/11/26 05:32
By:Bitget-RWA

- HBAR's 26% price rebound from $0.12 lacks sustained bullish momentum, with key technical indicators signaling potential reversal risks. - The cup-and-handle pattern on the 4-hour chart is unraveling, as the declining Bull Bear Power (BBP) indicator suggests weakening buyer control despite a 4% 24-hour gain. - HBAR remains trapped in a falling channel, with the Chaikin Money Flow (CMF) below zero since November, highlighting absent institutional support for the rally. - Traders now monitor critical levels

HBAR's latest price rebound has not managed to persuade traders, as essential technical signals point to fading bullish strength. The token climbed almost 26% from its November 21 low around $0.12, with

. Still, experts caution that the upward move lacks the momentum needed for a lasting reversal, leaving the asset exposed to a possible sharp pullback.

The main technical pattern—a cup-and-handle formation on the 4-hour timeframe—has

. This typically bullish setup, which often signals a breakout following a period of consolidation, requires a firm close above $0.147 to confirm its validity. If the price can hold above $0.158, it could pave the way for a move toward $0.194.
HBAR's Surge Falls Short of Technical Benchmarks as Crucial Thresholds Shape Its Outcome image 0
However, the reliability of this pattern is in doubt as the Bull Bear Power (BBP) indicator, which gauges buying momentum, has . Although BBP is still in positive territory, its downward trend indicates that buyers are losing their grip at a pivotal moment. Should the price fall below $0.143, the bullish pattern would be completely negated, shifting the outlook to bearish.

The broader picture also raises concerns.

continues to trade within a descending channel, a pattern marked by falling highs and lows. The bounce from the channel's lower edge on November 21—a 27% rally—was short-lived, highlighting limited support from larger investors. The Chaikin Money Flow (CMF) indicator, which measures institutional capital flows, has and has yet to move above zero, signaling a lack of significant buying interest from major players. This absence of institutional backing casts doubt on the durability of the recent price surge.

Traders are now focused on a crucial inflection point. If HBAR can close above $0.147 for an extended period, it could revive the bullish scenario suggested by the cup-and-handle pattern. Conversely, a drop below $0.143 would likely prompt a retest of the November 21 lows.

, as the outcome may determine whether HBAR's short-term trend reverses upward or continues to decline.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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