HBAR Building A Base... Or Just Pausing The Downtrend?Hedera Hashgraph / TetherUSBINANCE:HBARUSDTDukesMarketAnalysisMulti-Month Support Holding Firm • HBAR continues to find buying interest around the $0.08 weekly support zone. • This area has acted as a key floor on multiple occasions, making it one of the most important levels on the chart. Trend Still Favours The Bears • The 21/8-week EMAs remain bearishly crossed, with price continuing to trade below both averages. • Until that structure changes, the longer-term trend remains tilted firmly to the downside. Resistance Is Stacking Up • Initial resistance now sits around the recent swing high near $0.11. • Beyond that, the major multi-month resistance zone between $0.1250 and $0.1350 remains the level bulls ultimately need to reclaim. Momentum Remains Weak • RSI continues to trade below the 50 level, showing that bearish momentum still has the upper hand. • StochRSI is also drifting lower through the middle of its range, offering little sign of renewed buying strength. Bulls Need A Stronger Recovery • While price appears to be stabilising around support, there is little evidence of a sustained reversal developing. • A move back above the weekly moving averages would be the first meaningful sign that sentiment is beginning to improve. Patience Still Required • HBAR may be attempting to build a longer-term base after months of weakness. • However, until key resistance levels are reclaimed, rallies are likely to be viewed as corrective rather than the start of a new bull trend. In Summary HBAR continues to defend the important $0.08 weekly support zone, suggesting buyers are attempting to build a base after an extended decline. While holding support is encouraging, the broader technical picture remains bearish. Price is still trading below the bearishly crossed 21/8-week EMAs, RSI remains below 50, and significant resistance sits overhead at $0.11 and the $0.1250-$0.1350 region. Bulls have stabilised the market, but they still have considerable work to do before the longer-term outlook begins to improve.