HBAR has broken below the key $0.09 support level, and traders are bracing for a potential slide to $0.065 within the next two weeks. Market data shows a 70% probability of further decline, with bearish derivatives positioning and weak volume confirming the downward outlook.
The support level that gave way
The $0.09 mark had held for weeks, acting as a floor for buyers. But pressure mounted as volume dried up and short positions piled on. Once the price slipped through that level, the move accelerated. Now the next major target on the downside sits at $0.065, a level not seen since late last year.
What the data says about the odds
Analysts tracking derivatives markets point to a clear bearish bias. Open interest skews heavily toward puts, while spot buying remains anemic. Volume on major exchanges has been declining for days, suggesting few are willing to step in and catch the falling knife. The combination of those factors gives the 70% probability weight — not a guarantee, but a strong signal that the path of least resistance is lower.
Why traders are watching the two-week window
The $0.065 target is based on technical patterns that typically play out over a short timeframe. Two weeks is the projected window for the retest. If the price stabilizes above $0.08 in the next few sessions, that bearish case weakens. But as of now, no reversal pattern has formed. The trend remains firmly down.
For holders, the coming days will be critical. A failure to hold the current range could trigger stop-losses and accelerate selling. On the other hand, any sudden pickup in volume could hint at accumulation. But the data so far offers no such relief.
