Hedera HBAR at Critical Juncture: $0.124 Support Zone Under Siege
Hedera Hashgraph's HBAR is facing a pivotal moment as it struggles to hold the critical $0.124-$0.135 support zone. A weekly close below this level could trigger a cascade toward $0.072, according to technical analyst CryptoPulse. The altcoin's 4.62% drop today reflects mounting bearish pressure.
Market participants are closely watching for either a decisive breakdown or a recovery rally. HBAR's current price of $0.1188 represents a make-or-break juncture, with the $271 million trading volume suggesting heightened speculation. The $5.08 billion market cap remains vulnerable to further downside.