HBAR Price Breakout Unlikely As Bullish Momentum Fades

Hedera (HBAR) is struggling to escape a persistent two-month downtrend, with price action weakening despite earlier signs of recovery. 

The altcoin attempted to stage a breakout but failed to maintain upward momentum. At present levels, investors are increasingly cautious as bullish sentiment fades, leaving HBAR exposed to downside risks.

Hedera Loses Bullish Strength

The squeeze release momentum indicator previously signaled a bullish push for HBAR, enabling a short-lived price lift. However, this strength is now waning, suggesting that the altcoin lacks the sustained momentum required to reverse the ongoing trend. Without renewed inflows, HBAR could remain vulnerable in the short term.

Adding to the concern, the fading squeeze release indicates that investors may be losing confidence in Hedera’s ability to sustain upward movement. This shift could discourage speculative buyers and leave the asset more exposed to selling pressure, further cementing the bearish trajectory already in play.

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HBAR Squeeze Momentum Indicator. Source:  TradingView

On the macro side, the relative strength index (RSI) is slipping toward the neutral 50.0 mark, highlighting weakening bullish control. A drop below this threshold would confirm bearish conditions for HBAR, potentially triggering additional selling.

If market conditions remain unfavorable, the RSI could extend deeper into negative territory, compounding investor skepticism. Such movement often signals momentum exhaustion, leaving little room for near-term recovery.

HBAR RSI. Source:  TradingView

HBAR Price Faces Downtrend

HBAR price continues to struggle under bearish pressure, currently trading at $0.237. The prolonged two-month downtrend increases the risk of further decline, with the token potentially slipping to $0.230 if weakness persists.

The lack of sufficient strength makes it unlikely for Hedera to breach $0.248 in the immediate term. Without a strong reversal, HBAR may remain capped below $0.242, consolidating within a narrow range that favors downside risks over recovery.

HBAR Price Analysis. Source:  TradingView

However, an improvement in overall crypto market conditions could alter this trajectory. If HBAR flips $0.242 into support, it may climb toward $0.248 or higher. This would invalidate the bearish thesis and reopen prospects for a stronger rebound.