HBAR Approaches $0.22 Support Amid Signs of Near-Term Pullback

HBAR bulls are monitoring the critical $0.22 support level ahead of a potential bullish recovery. Recent price action shows the token has dipped below the Value Area High of $0.264, which was calculated using the Fixed Range Volume Profile from the start of the year to the present [1]. This level had previously been highlighted as a significant supply zone, and the token’s inability to surpass $0.3, with a brief peak at $0.305 on July 27, supports this observation [1].

On the daily chart, the $0.234 level has emerged as a key point of interest, while the price has not yet broken below the $0.223 high-low threshold—maintaining the overall bullish bias of the larger structure [1]. However, signs of weakening momentum have emerged, as both the Accumulation/Distribution line and the Chaikin Money Flow have failed to confirm sustained bullish strength. The CMF recently dipped below -0.05, indicating notable capital outflows from the market [1].

Analysts from AMBCrypto expect a near-term price pullback to $0.22 or slightly lower, offering potential entry points for long-term investors [1]. The $0.218–$0.223 region has seen strong liquidity accumulation since mid-July, making it a powerful magnetic zone likely to attract a retest. While such a pullback is expected to be short-lived, a breakdown below $0.206 would raise concerns for traders and signal a more conservative outlook [1]. This deeper correction could occur if Bitcoin fails to hold its $112k support level and falls below $110k in the coming days [1].

HBAR has shown some resilience, with a recent reclamation of the $0.244 support level and a consolidation phase following a clean retest on the daily chart [2]. This suggests short-term stability, though traders are urged to remain cautious as market dynamics can shift quickly [2].

Despite the immediate uncertainty, the longer-term structure remains bullish, supported by strong performance in July. AMBCrypto continues to advocate for a strategic approach, with investors advised to consider the dip as a buying opportunity while traders remain on the sidelines until clearer direction emerges [1].

Sources:

[1] Here's the key support level Hedera [HBAR] can retest before a bullish recovery — AMBCrypto (https://ambcrypto.com/heres-the-key-support-level-hedera-hbar-can-retest-before-a-bullish-recovery/)

[2] Hedera (HBAR) Price Pauses After 5 Week Streak — CCN.com (https://www.ccn.com/analysis/crypto/hedera-hbar-price-week-chart/)