HBAR price has fallen about 6% in the past 24 hours, underperforming the already depressed crypto market. Despite this pressure, the chart flashes three unusual combinations that most mid-cap stocks currently don’t exhibit, which could be a clue to an early rebound.
If the overall market stabilizes, HBAR could be one of the first stocks to make a move, especially if it holds the key support levels discussed below.
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Signs of accumulation appear below the decline
HBAR has been trading inside a broad descending wedge since early September. This pattern often turns bullish when sellers lose control near the lower limit, and the change first appeared around November 21st.
The first clue comes from changes in volume behavior. HBAR activities follow a Wyckoff-style color pattern. Red indicates the seller is in control, yellow indicates the seller is gaining control, blue indicates the buyer is gaining control, and green indicates the buyer is in full control.
HBAR peaked at $0.155 on November 23rd, and since falling nearly 15%, the bar has transitioned from a deep red color to a mixed yellow and blue color. Such a blend is a classic sign of seller fatigue and early tug-of-war. The last time this combination appeared was between October 15th and October 28th, shortly after which HBAR rose 41%.
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The second clue appears in the MFI (Money Flow Index), which uses both price and volume to track buying and selling pressure. From November 23rd to December 1st, HBAR prices continued to make new lows, while MFI made new highs. This divergence indicates that the market has been quietly bought on the downside. A similar divergence formed between October 6th and October 24th, leading to a 33% rise when it was completed.
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The third clue comes from steady spot ETF demand. The Canary HBAR Spot ETF has recorded positive weekly inflows in four of the past five weeks, with cumulative inflows exceeding $80 million. Although inflows are smaller than in late October, inflows remain positive even as prices fall, meaning widespread demand has not disappeared.
Taken together, these three clues—changes in volume control, bullish buying pressure, and continued ETF inflows—point to early accumulations forming behind the scenes.
Key HBAR price levels will determine whether the rebound can be sustained
The lower bound of the wedge near $0.122 is the most important support for HBAR at the moment. Holding that area will keep the rebound case alive. Losing it could expose the next major zone around $0.079, reversing the structure from “initial accumulation” to a deeper slide.
To gain strength, HBAR first needs to regain $0.140, which is a 5% rebound from current levels. This could be a sign that buyers are finally bucking the pressure from sellers. If we break out of $0.140, the next major level will be $0.155. Clearing $0.155 will pave the way to $0.169 and, if the crypto market improves, $0.182.
