Is HBAR’s Plunge Just the Beginning? Find Out What Lies Ahead!

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Ah, February 2026. A time when romance is in the air and HBAR is under pressure, much like a sad balloon at a children’s party after the cake has been devoured. Since mid-January, this little token has taken a nosedive, plummeting nearly 35%. And if you thought that was bad, just wait until you hear about the broader sell-off that occurred between January 21 and February 1. From the dizzying heights of its November peak, HBAR is now down more than 40%, and let me tell you, price momentum is looking about as lively as a sloth on a Sunday afternoon.

Yet, don’t despair! The technical and on-chain indicators are waving a tiny flag of hope, suggesting a potential turnaround. Whether this glimmer of possibility erupts into a glorious rebound or fizzles into yet another breakdown depends on volume, money flow, and key support levels-essentially, the trifecta of market drama!

Money Flow And Falling Wedge: Are Dip Buyers Still Feeling Adventurous?

Despite the recent sell-off, HBAR’s chart structure looks like it’s still in the game. Since late October 2025, it’s been dancing inside a falling wedge. Now, what’s a falling wedge, you ask? It’s when the price decides to take a leisurely stroll, making lower highs and lower lows while gradually narrowing its path over time. This usually means that selling pressure is easing up, much like a weary marathon runner slowing down.

Even post-January crash, HBAR remains nestled inside this pattern, cradling our hopes for a long-term rebound. How sweet!

Now, let’s talk about the Chaikin Money Flow (CMF), which tracks whether the big bucks are flowing into or out of an asset. Since late December, it’s formed a lovely divergence. Between December 30 and February 2, while HBAR’s price tiptoed downward, CMF decided to strut upward. Translation: capital has continued to waltz into the market even as prices were busy having a meltdown.

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Now, CMF might have recently slipped below its rising trendline and dipped under zero for a hot second, but it’s still hanging around the neutral zone, trying to play it cool.

Similarly, the Money Flow Index (MFI), a measure of how enthusiastic dip buyers are, shows a near-identical pattern. Since late November, while HBAR’s price has been on a downward spiral, MFI has been creeping higher like a cat eyeing a sunny spot on the floor. A move above 54 would create a higher high and bolster the bullish divergence. Fingers crossed!

Together, CMF and MFI suggest that dip buyers are still lurking about. Even after a 35% drop, capital hasn’t completely abandoned ship. Instead, buyers seem to be quietly stockpiling within the falling wedge, keeping our dreams of a rebound alive.

But let’s not get ahead of ourselves; for a sustainable recovery, we need volume support, and here lies the next risk.

Three-Month Spot Streak Broken, Could Limit Upside? Yikes!

While CMF and MFI are waving their little flags of optimism, volume data is whispering cautionary tales.

The On-Balance Volume (OBV) indicator, the watchdog of volume trends, tells us whether buying strength is holding strong or fading away. In HBAR’s case, OBV has been weaker than a soggy piece of toast. On January 29, it broke below a crucial descending trendline, continuing its declining trend since October. Ouch! That’s a bearish divergence we’ve got there.

This means every little uptick in price has been about as exciting as watching paint dry, with no strong volume backing it up. And the spot flow data confirms this sobering reality.

Since late October, HBAR has been on a net outflow streak, with more tokens leaving exchanges than entering them for nearly 14 weeks. This mirrors the consistent accumulation we saw as prices corrected. But alas, a declining OBV has kept upside potential firmly in check.

Until recently, that is. On February 2, HBAR recorded its first meaningful week of net inflows since October, totaling around $749,000. This ended a three-month buying spree, shifting from accumulation to a potential selling mood. This explains the recent OBV breakdown under the descending trendline. Talk about bad timing!

So while CMF and MFI indicate that buyers are still on the prowl, the broader market isn’t absorbing supply like it used to. Without sustained outflows, any rallies may fizzle out faster than a soda left open for too long. Time to pay attention to price levels!

HBAR Price Levels That Will Decide February’s Direction: Drumroll, Please!

With mixed signals flashing all around, the price levels for HBAR have become the hottest topic in town. Downside support lurks near $0.076.

If HBAR can stay above $0.076 while CMF and MFI keep improving, we might just witness some rebound attempts. However, if it breaks below this level, it would signal that sellers are back in control-something OBV is already hinting at.

In that case, downside targets will rear their ugly heads around $0.062 and $0.043. Buckle up!

On the flip side, the first hurdle to overcome on the upside is $0.090, but only if OBV decides to get its act together.

This pesky area has capped rallies since January and represents short-term resistance. If HBAR can reclaim it, we’d see a flicker of early confidence returning. Beyond $0.090, the major Hedera price test sits around $0.107.

A sustained move above $0.107 would confirm a breakout from the falling wedge, activating the wedge’s measured target, which could suggest a tantalizing 52% upside over time. But before we start planning our victory parades, let’s remember: this scenario is still a long shot!

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2026-02-02 14:46