Technical analysis by The_Alchemist_Trader_ about Symbol HBAR: Sell recommendation (10/24/2025)

HBAR price action is currently struggling beneath a key cluster of resistances, notably the $0.30 area low and the $0.20 daily resistance, both acting as major supply zones. The inability to reclaim these levels underscores a lack of bullish conviction, suggesting that momentum remains weak for the time being. As long as price action stays below this resistance cluster, the probability of a deeper correction remains elevated. The $0.12 region now stands as the next major support — an area that must hold to maintain structural integrity and preserve the potential for a higher low formation. Key Points: - Resistance Cluster: Between $0.20 and $0.30, forming a strong rejection zone. - Critical Support: $0.12 serves as the key level to defend for structural preservation. - Market Weakness: Lack of volume and follow-through confirms bearish short-term bias. From a technical perspective, the lower timeframe structure still lacks confirmation of a reversal, as no breakout supported by strong volume has occurred yet. Until that happens, downside pressure remains dominant. What to Expect: HBAR must reclaim $0.20–$0.30 with strong volume to invalidate the bearish setup. Failure to do so increases the likelihood of another leg lower toward $0.12, where a potential rebound could form a higher low.