HBAR 2-Month Golden Cross Nears Its End, Price Awaits Decline

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HBAR’s price currently trades at $0.215 within a descending wedge pattern. It sits just above support at $0.213 while struggling to break $0.219 resistance. Although wedges often resolve positively, a decisive breakout remains distant, with the key barrier standing near $0.230.

Given current sentiment and technical indicators, HBAR is likely to stay range-bound below $0.230. Even if the price surpasses $0.219, broader resistance and limited momentum could keep the altcoin consolidated.

Should bearish signals strengthen, HBAR risks slipping through support at $0.205. Breaking this level would invalidate the bullish setup entirely, opening the path to $0.198. Such a move could reinforce investor caution and intensify short-term volatility for Hedera.

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