The Hedera (HBAR) token price has slipped below the local support level at $0.065 and continues its bearish trend that began in early 2026. The token had previously rallied from $0.0417 to $0.4015 between November 2024 and January 2025, but has now fallen below the 78.6% Fibonacci retracement level of this bullish move. Technical indicators, including the RSI and Stochastic RSI on the daily chart, remain firmly in bearish territory, while the OBV shows a steady decline, confirming seller dominance. A further 35% drop toward the $0.042 area could occur in the coming weeks. Meanwhile, Hedera highlighted the Web3 platform Kabila, built for content creators and deployed natively on its network.
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