HBAR's Falling Wedge Pattern Signals Potential Recovery Despite Market Headwinds

WhaleMinion · 2026-02-14T03:12:41+00:00

Hedera's HBAR token has dropped 35% since mid-January, but recent technical indicators suggest a potential bottoming out. A falling wedge pattern indicates a possible bullish reversal, though concerns over weak volume create uncertainty in the short term. Key support levels at $0.076 are critical for HBAR's recovery prospects.

WhaleMinion

2026-02-14 03:12:41

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Hedera’s HBAR token has tumbled approximately 35% since mid-January, reflecting broader sector weakness. However, recent technical formations suggest the decline may be bottoming out. The latest data shows HBAR trading at $0.10 with a solid 24-hour gain of +10.70%, signaling renewed buying interest. Technical analysts at NS3.AI have identified a falling wedge pattern—a classic bullish reversal setup—alongside divergences in money flow metrics that indicate accumulation may be underway despite the extended selloff.

Falling Wedge Pattern and Bullish Divergences

The wedge pattern represents a compression zone where sellers are losing momentum, traditionally preceding relief rallies. Supporting this narrative, the Chaikin Money Flow (CMF) and Money Flow Index (MFI) indicators reveal that smart money has been actively accumulating during recent dips. These divergences between price lows and money flow signals suggest institutional or experienced traders are positioning for a potential bounce. The falling wedge pattern combined with these bullish money flow signals creates a confluence of technical factors that could trigger a reversal.

Volume Concerns and Mixed Technical Picture

However, the technical setup isn’t entirely clean. On-Balance Volume (OBV) has recently broken below key levels, and overall trading volume has been trending weaker despite dip-buying activity. This volume deterioration raises questions about whether the rally attempts can sustain momentum, as rising prices typically require expanding volume for confirmation. The clash between bullish chart patterns and volume weakness creates an uncertain near-term outlook that traders must monitor carefully.

Critical Support Zones at Stake

The battle for HBAR’s directional bias hinges on the $0.076 support level, which represents the wedge pattern’s lower boundary. A hold above this level would validate the bullish case suggested by the falling wedge pattern. Failure to defend this zone risks sharper declines toward $0.062, and if that breaks, further downside toward $0.043 becomes possible. These support levels will be crucial in determining whether HBAR can mount a sustained recovery or face another leg lower in this volatile market environment.

HBAR10,77%

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