Hedera (HBAR) has found it difficult to break past the $0.25 price level, continuing to face significant downward pressure. Despite its market capitalization now standing at $8.7 billion, the digital asset’s technical indicators signal that the bearish momentum is likely to persist. Unless HBAR can break through critical resistance levels, the cryptocurrency faces the risk of deeper corrections in the near future.

Bearish Momentum Remains Strong

Currently, Hedera’s price is stuck beneath $0.25, reinforcing the ongoing bearish sentiment in the market. The Relative Strength Index (RSI) and other technical indicators show that HBAR continues to face downside risks, with the possibility of further losses unless major support levels are maintained.

One of the key indicators supporting this bearish outlook is the Average Directional Index (ADX). The ADX, which measures the strength of a trend, is currently sitting at 41.1, a reading that has been above 40 for several days. A value above 40 typically suggests a strong trend in place, confirming that the downward momentum in HBAR is likely to continue unless a reversal occurs.

DMI Shows Easing Selling Pressure

While the ADX continues to indicate a strong downtrend, the Directional Movement Indicator (DMI) provides some insight into the market dynamics. Over the past few days, the +DI (buying pressure) has increased slightly, from 3.9 to 12.8, suggesting that selling pressure may be easing. Meanwhile, the -DI (selling pressure) has dropped from 44.7 to 28, further supporting the view that selling momentum is slowing.

This shift in the DMI readings could indicate a potential consolidation phase, meaning that HBAR’s price might stabilize for a while before making its next significant move. However, with the ADX still elevated, the downtrend remains the prevailing market force, and a major trend reversal seems unlikely in the short term.

Ichimoku Cloud Signals Bearish Outlook

Further confirming the bearish sentiment, HBAR’s Ichimoku Cloud chart shows a negative setup. The price is trading below the cloud, which suggests that there is strong resistance ahead, making it difficult for the cryptocurrency to move upward. The cloud’s red color also points to continued selling pressure, as it suggests future resistance levels will remain in place.

The conversion line (blue) is positioned below the baseline (red), further indicating short-term weakness for HBAR. This setup reinforces the idea that bearish momentum remains in control. Additionally, the lagging span (green) is situated below the price, confirming the persistence of the downtrend.

At present, HBAR’s price is moving sideways within a narrow range, struggling to gain upward momentum. If the Ichimoku Cloud continues to expand downward, it would suggest that the bearish trend will persist. Conversely, if the cloud flattens or the baseline starts to level out, this could signal a potential slowdown in the downtrend, giving way for a possible period of consolidation or even a reversal.

What’s Next for HBAR?

With HBAR continuing to trade below $0.25 and facing multiple bearish indicators, the immediate outlook remains grim for the cryptocurrency. The ongoing downtrend, supported by the ADX and the Ichimoku Cloud, suggests that HBAR could experience further corrections unless it manages to break through critical resistance points.

However, with the DMI showing signs of easing selling pressure, there could be a chance for the price to consolidate before making its next move. The market will likely continue to monitor the asset for any signs of a reversal. Investors and traders should remain cautious, as the risk of further price declines remains high without a significant change in market sentiment.

In conclusion, Hedera (HBAR) continues to struggle below the $0.25 level, with bearish indicators suggesting the downtrend is likely to persist. While there may be some easing of selling pressure, unless HBAR can break key resistance levels, the risk of deeper corrections remains a significant concern.