Altcoins News

Story: HBAR Month-Long Range May Snap—$0.20 Support in Jeopardy

By Pankaj K

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HBAR Consolidates After July Rally. HBAR enjoyed a strong rally in late July, surging to a local peak of $0.30 on July 27.

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Futures Data Signals Bearish Shift. One of the strongest warning signs for HBAR comes from perpetual futures markets.

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Institutional Confidence Weakens. Another troubling signal for Hedera is the drop in the Smart Money Index (SMI).

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Technical Outlook: Key Levels to Watch. From a technical perspective, HBAR’s price structure is weakening.

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Broader Market Context Adds Pressure. HBAR’s muted performance is not happening in isolation.

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Bears Tighten Grip, But Bulls Have a Chance. For now, the evidence points to bearish dominance in HBAR markets:

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Conclusion. HBAR’s month-long consolidation may soon resolve, and current signals favor the bears.

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Hedera’s native token HBAR has been stuck in consolidation throughout August, trading between tight support and resistance levels.

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As broader crypto markets remain muted, Hedera investors are closely watching whether institutional sentiment and futures positioning will tip the balance for HBAR’s next major…

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HBAR enjoyed a strong rally in late July, surging to a local peak of $0.30 on July 27. Since then, momentum has fizzled, and the token has settled into a narrow horizontal channel.

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For the past month, HBAR has struggled to break out, trading between $0.22 as support and $0.26 as resistance.

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This type of consolidation often precedes a sharp move in either direction. The key question now is whether HBAR’s next leg will be bullish or bearish.

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One of the strongest warning signs for HBAR comes from perpetual futures markets. According to Coinglass, the weighted funding rate for HBAR flipped negative at -0.0016% this week.

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In perpetual futures, the funding rate ensures contracts remain close to spot prices. When funding is positive, it means long traders are paying shorts, signaling bullish market…

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For HBAR, the recent negative funding rate shows that traders are increasingly positioning for downside, strengthening the case for a potential breakdown below its current…

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