$HBAR

Hedera (HBAR) price faces mixed momentum as traders eye key levels

Consolidating with a weekly gain of 3.8%, but mixed indicators hint at a possible trend reversal or continuation.

Declining ADX and rising selling pressure suggest that the uptrend is losing steam, increasing the risk of consolidation or pullback.

HBAR must hold $0.274 support to avoid a downtrend; a break of $0.311 resistance could reignite the bullish momentum.

If the $0.274 support fails to hold, the current trend could turn bearish. In such a scenario, HBAR price could face additional selling pressure, pushing it to retest the next support level at $0.233.

If the current uptrend regains its strength and succeeds in breaking the $0.311 resistance, Hedera could see further upward momentum, which could lead to a test of the next resistance at $0.338.