HBAR/USD – Critical $0.20 Support Retest: Breakdown or Rebound?HBARUSDT Perpetual ContractBYBIT:HBARUSDT.PJohn_IsigeHedera’s native token HBAR is under renewed bearish pressure, trading near $0.2127, down ~2% in 24h and 5% on the week. The decline has brought the price back into the critical $0.21–$0.20 support zone, which traders often view as a key battleground. Market cap dropped to $9.01B (–1.5% daily), while trading volume surged to $257.8M, highlighting intensified activity. Liquidations reached $137K, with long traders losing nearly 3x more than shorts — a sign of ongoing downside pressure. Despite the bearish tilt, on-chain developments added bullish undertones: contract addresses linked to BlackRock, State Street, Aberdeen, and Libre were spotted on RWA_xyz, suggesting Hedera could become a major hub for tokenized real-world assets (RWAs). Key Levels •Resistance: $0.22, $0.24–$0.25, $0.28, $0.30 •Support: $0.21–$0.20, $0.19, $0.17 Technical View •RSI: 40, bearish but rebounding from 34 → weakening selling pressure. •MACD: still negative, but narrowing gap and fading red histogram → possible shift in momentum. •Open Interest: flat at $365M, reflecting consolidation and trader caution. Trading Scenarios 📈 Bullish case: Holding $0.21–$0.20 could trigger a rebound → first target $0.22, then $0.24–$0.25. A breakout opens the way to $0.28–$0.30. 📉 Bearish case: Failure to hold above $0.20 risks renewed downside → targets at $0.19 and $0.17. Conclusion HBAR sits at a make-or-break zone. The next sessions will determine whether $0.20 holds as a launchpad for recovery or gives way to deeper losses. Traders should closely watch volume dynamics and RSI momentum for confirmation.