Hedera HBAR Holds Critical Support Zone as Technical Rebound Potential Emerges

HBAR's price action reveals a critical juncture within its descending channel pattern. The cryptocurrency is finding temporary footing at the $0.105–$0.115 support zone, a historical level where selling pressure has notably diminished. The market structure suggests this consolidation could precede a technical rebound toward intermediate resistance at $0.155–$0.165.

A decisive break above the channel's upper boundary at $0.215–$0.230 WOULD invalidate the prevailing bearish pattern, potentially unlocking upside targets in the $0.30–$0.40 range. Conversely, failure to hold the current support exposes HBAR to a retest of $0.095, with a breakdown risking further declines toward $0.08.

Momentum indicators show tentative signs of stabilization. The RSI's recovery from oversold territory NEAR 30 to its current 42.7 reading suggests weakening downward pressure, though it remains below the neutral 50 threshold. This technical configuration presents a classic tension between short-term recovery potential and longer-term bearish structure.