HBAR Sentiment Weak Despite Inflows, What’s Next for Price?

Hedera (HBAR) has struggled to gain meaningful momentum this week, facing repeated rejections at the $0.20 barrier. 

Despite brief attempts at recovery, the altcoin continues to move within a narrow range, reflecting uncertainty in investor sentiment. The recent price action shows a lack of conviction from traders, even as inflows begin to pick up.

Hedera Inflows Rise, But Not Investors’ Optimism

The Chaikin Money Flow (CMF) indicator shows a slight uptick, climbing into the positive zone above the zero line. This shift suggests that inflows are currently outpacing outflows, indicating growing buying activity. Rising inflows typically support price recovery, a much-needed boost for HBAR after several days of subdued movement.

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However, the gains in inflows have yet to translate into strong price action. While investors are beginning to show interest, HBAR has not fully benefited from this trend. The improvement in liquidity signals optimism, but without stronger demand or higher trading volumes, the altcoin may continue to struggle near its upper resistance zones.

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The funding rate for HBAR has fluctuated over the last few days, revealing indecision among traders. Market participants appear unsure about the cryptocurrency’s next move, alternating between long and short positions to capitalize on short-term volatility. This uncertainty has prevented HBAR from building consistent bullish momentum.

Such inconsistent sentiment has historically hindered sustained rallies. When traders hesitate to commit to a clear direction, price movements often remain rangebound. For HBAR, this ongoing tug-of-war could limit upside potential.

HBAR Price Might Consolidate

HBAR price is down 8% over the past 24 hours, currently trading at $0.179. The token recently failed to breach the $0.194 resistance level, which would have allowed it to challenge the critical $0.200 barrier. The rejection reinforces the prevailing weakness in market confidence.

This $0.200 resistance has acted as a significant ceiling for nearly a month. Considering the current technical signals, HBAR will likely consolidate within the $0.175 to $0.194 range in the near term.

If bearish momentum takes over, HBAR could fall through its $0.175 support level, potentially declining to $0.162. A drop below this level would invalidate the mild bullish outlook and extend the ongoing downtrend.