HBAR Crashes Toward $0.07 as Sellers Dominate Downtrend

HBAR, the token of decentralized public ledger network Hedera, has lost nearly 90% of its spot buying volume in a month, raising concerns about a deepening bearish trend. Price action has continued to form lower highs and lower lows, a clear technical signal that sellers control the market.

The recent breakdown below $0.11 support has removed a key level of demand, increasing the probability of a move toward the $0.07 yearly low.

Market structure remains decisively bearish, with no meaningful bullish reactions in recent weeks. Short-lived rallies have been quickly sold off, indicating weak demand and little conviction from buyers. HBAR's price is now trading within a descending channel, a pattern that suggests further downside risk.

The breakdown at the $0.11 support level has not only removed a key technical level but also intensified bearish momentum. This development has weakened bullish defenses and reinforced the likelihood of an accelerated move toward the $0.07 level.

Why the Sell-Off Intensified

HBAR's selling pressure intensified after the collapse of spot buying activity. In the week ending December 15, spot buying dropped to just $2.4 million from $26.7 million in early November, a nearly 90% decline. This sharp drop in buying pressure has left the market fragile, with sellers capable of pushing prices lower without much resistance.

The Money Flow Index (MFI) has also been trending downward, moving into oversold territory. Unlike typical bear markets, MFI has not bounced off these levels, indicating that dips are not attracting fresh buyers. This behavior suggests minimal conviction and a lack of interest in the asset's recovery.

Risks to the Outlook

The most immediate risk is a continued breakdown toward $0.07, where HBAR hit its yearly low earlier this year. This level is not only a historical support but also a point where liquidity could accumulate due to resting orders and stop-losses. If price action accelerates toward this level, it could trigger a sharp move as remaining liquidity is swept up.

Even if the market stabilizes above $0.106, the path to a meaningful recovery remains unclear. Bulls would need to reclaim resistance near $0.155, a level that appears out of reach given current momentum. The breakdown of key support levels has shifted the balance of power decisively toward sellers.

What This Means for Investors

For investors holding HBAR, the current technical environment suggests that selling pressure remains intact. The breakdown of $0.11 support and the absence of bullish confirmation signals mean that a move toward $0.07 is increasingly likely. Until HBAR breaks the sequence of lower highs and lower lows, the bearish trend is expected to persist.

Short-term traders and speculators should also be cautious. With buying activity nearly vanished and momentum indicators bearish, any attempted rallies are likely to be short-lived and sell-into. Positions below the $0.106 level should be closely monitored for signs of a potential capitulation move.

HBAR's bearish technical outlook remains intact, with the market structure and momentum indicators reinforcing a continuation of the downtrend. For now, the base case is a move toward $0.07, with little indication that buyers will step in to reverse the trend.