HBAR Price Falls Under Weekly Neckline, Order Block Near $0.05 in Focus

CryptoNewsLand
HBAR0,79%
TOKEN0,83%
  • HBAR trades at $0.08853 after a 3.5% decline, remaining below its broken weekly neckline structure.

  • Immediate support stands at $0.08672, while resistance caps price near the $0.09345 level.

  • The next clearly defined weekly order block support sits around $0.05, based on chart structure.

Hedera’s HBAR token continues to trade under pressure after breaking a key weekly structure. Recent price action shows HBAR falling below its established neckline on the one-week chart. Importantly, this disintegration is accompanied by seller domination in recent candles.

HBAR was trading at $0.08853, which indicates a 3.5% drop in the share price per day. The present trend has offset the asset, bringing it close to short-term support, but the greater structure has still been undermined. This context is what puts into perspective the recent price conduct and prepares the ground to the levels currently in the spotlight.

Weekly Neckline Break Alters Market Structure

The weekly chart shows HBAR decisively moving below its neckline level. This level previously acted as structural support during earlier consolidation phases. However, sellers pushed price beneath that zone, confirming a loss of higher-timeframe structure.

HBAR Losing Structure — More Downside Ahead? 📉$HBAR has broken below its key weekly neckline, confirming a loss of higher-timeframe structure.

With sellers still in control, price could continue drifting lower toward the next major order block support around $0.05. pic.twitter.com/iwaXIPgcr6

— CryptoPulse (@CryptoPulse_CRU) February 5, 2026

Notably, the breakdown occurred without immediate recovery attempts above the neckline area. As a result, price action now develops below a former support region. This shift changes how recent candles interact with nearby levels. From this structural change, attention moves toward how price behaves near current support.

Current Price Action and Intraday Levels

Following the structural break, HBAR trades at $0.08853. The token recorded a 3.5% decline over the latest session. Meanwhile, the 24-hour range places price between nearby intraday levels. Support currently stands at $0.08672, which sits just below the present trading level. On the upside, resistance appears at $0.09345. Notably, price has not reclaimed that resistance during recent trading. This range defines short-term movement and frames the immediate trading environment. With these levels established, focus naturally shifts toward deeper technical zones visible on the chart.

Order Block Support Near Lower Chart Range

Below current prices, the chart highlights a major order block area. This zone appears near the $0.05 level on the weekly timeframe. Notably, this region previously attracted strong buying interest during earlier market phases. As price trades beneath the neckline, this order block becomes the next clearly defined technical area.

The visual structure shows limited historical support between current levels and that lower zone. Consequently, chart structure emphasizes the distance between present price and that marked support. This alignment explains why market attention remains fixed on how price interacts with existing levels.

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