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HBAR risks falling below $0.08 if key support fails amid weak buying and declining network metrics.

Technical Signals
22 Oct 2026
Dailycoin
View Source
Bearish
HBAR risks falling below $0.08 if key support fails amid weak buying and declining network metrics.

Hedera's native token HBAR could drop to 7.2–7.4 cents if it loses support around 8 cents, according to an analyst. Despite several overlapping support levels, weak buying activity and declining trading volume suggest sellers dominate, making a sustained rebound unlikely. Fundamental issues like falling total value locked and market uncertainty add to the bearish outlook. A recovery would require regaining above 8.1 cents, but the current conditions point to a possible retreat to lower price ranges.

HBAR is trading at Rp1,450 on Pluang as of Oct 22, 2026 21:52 WIB, down 5.24% in the last day, with a market cap of Rp64.11 trillion and 54% of orders leaning toward selling. This aligns with the article's bearish outlook on HBAR, highlighting weak buying activity and potential price retreat. The token's circulating supply is 44 billion out of 50 billion total, and typical hold time on Pluang is 57 days, indicating moderate investor patience amid current market uncertainty.

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