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HBAR Risks a Retreat Below $0.08 If This Support Fails

HBAR Risks a Retreat Below $0.08 If This Support Fails

Photo: DailyCoin

Hedera's native HBAR coin could slide toward 7.4–7.2 cents if its latest support test fails, according to an analyst reviewing the token’s price structure and trading flows. In the video, Cilinix argues that the late-September rebound is vulnerable because neither market conditions nor buying activity offers enough backing to confidently expect support to hold. The immediate focus is around 8 cents. Holding that area would help preserve the higher trading range established after the rebound; losing it could pull Hedera back into the lower range traded during August and September.

Source: DailyCoin

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