HBAR fell 4.82% over 24 hours, sliding from roughly $0.077 at the start of the session to an intraday low of $0.0735. Attempts to recover toward $0.078 faded quickly, and selling later pushed the token below $0.076. The chart continues to show a pattern of lower highs since June 16, and the latest move set a fresh short-term low.
The $0.073-$0.074 range is now the key near-term test
Analysts identified $0.073 to $0.074 as the main support band in the short term. If HBAR breaks decisively below that area, attention could return to $0.070. If the decline extends, traders may start watching $0.068, a zone tied to earlier sideways trading. On the upside, the first requirement is a move back above $0.075. Above that sits stronger resistance at $0.077 to $0.078, where previous rebounds ran into heavier selling.
MACD and CMF both show persistent sell-side control
Short-term indicators are aligned with the weak price structure. The MACD line dropped to about -0.00085, while the signal line held near -0.00058. The histogram, at roughly -0.00027, stayed in negative territory, pointing to continued downside momentum as HBAR traded near session lows. Chaikin Money Flow currently reads -0.37, suggesting that selling volume remains stronger than buying volume over the measured period. The indicator has stayed below zero since the latest leg lower, which suggests buyers have not yet mounted a durable response.
The report notes that a brief relief rally is still possible. Even so, the chart does not yet show the conditions needed to confirm a higher low or a renewed bullish turn. For any near-term reversal signal, HBAR would need to recover and break above the $0.077-$0.078 range.
Long-term comparison to Amazon comes with clear limits
Market analyst Vuori Trading compared Hedera’s post-2021 market capitalization structure with Amazon’s path after the dot-com crash. The argument is based on a similar pattern: an early speculative peak followed by a long consolidation phase and base-building along an ascending trendline. If HBAR holds its current range, the token may be forming a stronger long-term base.
That comparison was presented with a warning. The analyst said similar chart structure does not guarantee a similar outcome. Amazon’s later advance was driven by revenue expansion and business growth, while HBAR’s future market cap will depend on network adoption, utility, circulating token supply, and broader market conditions. For now, the short-term picture remains weak.