HBAR fell 6% as the market weakened, but 3 signs of bounce back have appeared.

TapChiBitcoin
HBAR1,65%

The price of HBAR has fallen by about 6% in the past 24 hours, showing stronger pressure compared to the already weak overall trend of the crypto market. However, the technical chart is sending a rare signal: three early recovery clues that most other mid-cap coins have not yet shown.

If the overall market stabilizes again, HBAR has the potential to lead the rally, especially when this coin maintains its important support levels – details about these levels will be analyzed right after this.

Accumulation signs are forming

HBAR has been moving in a falling wedge pattern since early September, and this pattern often transitions to a bullish trend when sellers gradually lose control near the lower boundary. This signal first appeared around November 21.

The first clue comes from the change in trading volume behavior. According to Wyckoff's color scheme, red reflects that sellers are dominant, yellow indicates an increase in control by sellers, blue shows that buyers are starting to dominate, and green marks complete control by buyers. Since HBAR peaked at $0.155 on November 23 and fell nearly 15%, the volume bars have shifted from deep red to a mix of yellow and blue. This is a classic sign of seller exhaustion and the initial “tug of war” phase. The last time this pattern appeared — from October 15 to October 28 — HBAR surged by up to 41% immediately afterward.

Daily HBAR/USDT Chart | Source: TradingViewThe second clue comes from the MFI (Money Flow Index), which tracks buying and selling pressure based on both price and volume. During the period from 23/11 to 1/12, the price of HBAR continuously created lower highs, while the MFI formed higher highs. This divergence indicates that the downtrends are being absorbed by stealth buying. Previously, a similar divergence occurred from 6/10 to 24/10 which led to a 33% increase when completed.

Daily HBAR/USDT Chart | Source: TradingViewThe third clue comes from the stable demand for spot ETFs. The Canary HBAR ETF Spot has seen positive weekly inflows in four out of the last five weeks, with total inflows exceeding 80 million USD. Although this inflow is lower than at the end of October, it remains positive even as prices fall, indicating that underlying demand remains strong.

ETF flow of HBAR | Source: SoSo ValueCombining all three clues — the shift in control of volume, buying pressure during falls, and continuous ETF inflows — indicates that HBAR is entering an early accumulation phase, quietly forming beneath the surface of the crypto market.

Important price levels determine whether the recovery momentum is sustainable

The most important support level currently for HBAR is near the lower line of the wedge pattern, around $0.122. If the price holds this area, the recovery scenario still has a chance. Conversely, a break below $0.122 will pave the way for the next support area around $0.079, while turning the market structure from “early accumulation” into a deeper decline.

Daily HBAR/USDT Chart | Source: TradingViewTo prove its strength, HBAR first needs to conquer the $0.140 level — equivalent to a recovery of about 5% from the current price. This will signal that buyers are gradually gaining an advantage over the pressure from the bears. If it surpasses $0.140, the next target is $0.155. Further progress above $0.155 will open the door towards $0.169, and even $0.182, in case the crypto market shows signs of improvement.

SN_Nour

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