Support test at $0.0917: Can HBAR avoid deeper losses?

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Hedera drops 7.24% today to $0.0941

Highlights

Hedera has introduced dedicated wallets for AI agents to enable more advanced decentralized applications within its blockchain ecosystem.
This enhancement aims to broaden Hedera's functionality for artificial intelligence-driven use cases and support long-term adoption.
HBAR/USD has dropped 7.24% to $0.0941, trades below key moving averages, and faces strong downside momentum with an anticipated 2 to 3 day range of $0.0917 to $0.0965.

AI wallet launch broadens use cases amid continued price pressure

Hedera has introduced dedicated wallets for AI agents, aiming to expand the blockchain's capabilities by offering enhanced support for artificial intelligence-driven applications. According to Coinfomania, this rollout allows for smarter interactions and broader functionality within the Hedera ecosystem, providing a foundation for more complex decentralized use cases. While this technological development may support long-term platform adoption, recent price action has remained under broader selling pressure.

Heavy oversold signals and technical ceilings define bearish momentum

HBAR/USD is currently trading below both the MA-20 at $0.098 and the MA-50 at $0.1001 on the hourly chart, signaling ongoing downward momentum in the short and medium term. Price remains above the daily MA-200 at $0.082, while the Ichimoku Kijun at $0.0979 marks an immediate resistance area. RSI stands at a heavily oversold 19.75, with MACD and ADX both indicating strong bearish momentum. Stoch RSI and CCI are deeply oversold, and both Bull/Bear Power and the Awesome Oscillator confirm the dominance of sellers intraday, with no immediate signs of a near-term rebound.

Tight trading range with elevated downside risk remains likely

Over the coming 2–3 days, HBAR/USD is expected to fluctuate within a range of $0.0917 to $0.0965, consistent with typical volatility near current support and resistance. The probability of a short-term gain is classified as very low, while downside risk remains pronounced. Consolidation is likely between these levels unless a move above the $0.0979 barrier sparks a bullish reversal; failure to hold $0.0917 would expose the price to further declines.

Viktoras Karapetjanc, expert at Traders Union, sees Hedera’s news around AI agent wallets as a strong fundamental development. He believes the introduction could drive long-term adoption, but near-term sentiment is weighed down by pronounced selling pressure. The broader market is defensive, yet protocol innovation sets a positive tone for future growth. ‘Oversold signals could create opportunities if $0.0917 holds, so I’m watching for a stabilizing move before committing to upside scenarios,’ says Karapetjanc.

Earlier, analysts noted that Hedera exhibited robust trend strength fueled by institutional demand, but also highlighted elevated volatility and an increased risk of pullbacks. The latest weakness confirms a shift toward sustained bearish pressure, making a close watch of support at $0.0917 critical as further downside risk emerges if this level fails to hold.

Source of Data: HBAR Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.