Hedera (HBAR) is currently very close to the critical support level of $0.10 this week, as it remains stuck to the overall downtrend on a weekly chart, according to TradingView’s data. The HBAR token is currently positioned below its 20-, 50-, 100-, and 200-day exponential moving averages.
As of the most recent weekly close, HBAR was seen trading around $0.108, down about 3.3% for the week. The $0.10-$0.105 region is being targeted by traders, which has now become a strong technical support level. A clear close below this region would increase the chances of a move down to the $0.075-$0.08 region.
Also Read: Hedera (HBAR) Price Could Reach $0.30 Amid Growing RWA Adoption
Technical Momentum Remains Weak
From a momentum perspective, the bears are still in the stronger position. On the weekly chart, the RSI is seen at around 34, indicating a possible slowdown in the pace of buying pressure. However, it is also close to oversold conditions, but has not yet formed a bullish divergence signal. The MACD is still in a bearish mode.
HBAR is moving closer to the lower boundary of the weekly Bollinger Bands, which is a configuration that usually indicates either a prolonged decline or a brief moment of consolidation. Until a clear reversal configuration emerges, all advances will be viewed as mere temporary halts in the trend.
However, for any kind of meaningful recovery to take hold, HBAR will need to retake the $0.14-$0.15 area, which is in line with the 200-week EMA. A breakout above this level could open the door to $0.17-$0.18, while the larger target is pegged at around $0.24, which is a former distribution and supply level.
Hedera and Sui Partnership Adds Enterprise Context
However, despite new headlines focusing on the enterprise space about a collaboration between Hedera Hashgraph and Sui Network, price weakness continues.
The collaboration aims to move the decentralized identity and carbon credit verification space forward by integrating the Hedera Guardian compliance framework into Sui’s object-based execution model.
As per a post on X by Altcoin Buzz, the integration is expected to enable enterprises, including large multinational companies, to process and verify identity and carbon information on both networks with sub-second finality, while also being compliant with the European regulatory standards, as per the post.
Analysts have termed the partnership as a major step towards greater interoperability between enterprise blockchain platforms in 2026.
Why This Matters
Looking ahead, the immediate fate of HBAR will depend on the answer to one question: Will the $0.10 support zone be able to hold up when tested by the weekly close?
A failure to do so will only serve to further reinforce the current downtrend in place, while a hold here could be the first step towards a more comprehensive base formation. Until then, the bear side of the equation will remain stronger than any budding bullish fundamentals.
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