Core Insights - Hedera (HBAR) is experiencing a trend reversal after struggling to maintain bullish momentum, with current technical indicators suggesting a potential failure of the bullish setup [1][6] Group 1: Technical Indicators - A Death Cross is imminent as the 50-day EMA approaches the 200-day EMA, signaling a bearish shift in market structure [2] - This marks the end of a three-month Golden Cross that had previously supported upward movement, leading to increased selling pressure among traders [3] - HBAR is currently trading at $0.159 and is within a descending broadening wedge pattern, which is typically bullish but may fail under current conditions [6] Group 2: Market Sentiment - The funding rate in the HBAR derivatives market shows significant fluctuations, indicating uncertainty among Futures traders and a lack of conviction in market direction [4] - Without a clear bias, HBAR may remain range-bound or decline further as liquidity decreases, necessitating a return of investor confidence for recovery [5] Group 3: Price Projections - If bearish pressure intensifies, HBAR could drop below $0.154, targeting $0.145 in the near term [6] - Conversely, if the bullish pattern holds, HBAR could rise above $0.180 and $0.188, potentially reaching $0.198, which would invalidate the bearish outlook [7]