Hedera (HBAR) is trading under pressure after a 4.75% drop to $0.229 on 29 August, with $2.96M in short positions and $3.18M in exchange outflows. Short dominance raises downside risk, while outflows and a still-green Supertrend offer limited support.
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HBAR slipped 4.75% to $0.229 on 29 August amid rising short interest
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Short positions totaled $2.96M while exchange outflows reached $3.18M, suggesting mixed directional signals
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Technical: descending triangle risks a 20% drop to $0.18 if daily close breaks $0.223; RSI ~43.8, Supertrend remains green
HBAR price update: Hedera (HBAR) falls to $0.229 with rising shorts and $3.18M outflows — track levels now and reassess positions.
What is the current HBAR price outlook?
HBAR price shows a cautious bearish bias after slipping to $0.229 on 29 August. Technicals reveal a descending triangle with key support near $0.226–$0.223; a daily close below $0.223 could trigger a 20% move toward $0.18, while exchange outflows and indicators offer limited bullish relief.
How do short positions and exchange outflows affect HBAR price?
Rising shorts—about $2.96 million clustered near liquidation points—indicate heavy bearish conviction and potential forced selling on downside moves. In contrast, $3.18 million in exchange outflows suggest accumulation, reducing immediate liquidity available to sellers and potentially slowing sharp declines.
Frequently Asked Questions
What are the key liquidation levels for HBAR?
Liquidation clusters were noted near $0.2249 and $0.2324, where over-leveraged long and short positions concentrate. These zones can trigger cascades if price tests them sharply.
How severe is the downside risk for HBAR right now?
If HBAR closes a daily candle below $0.223, models suggest roughly a 20% decline toward the $0.18 zone. Risk hinges on whether exchange outflows offset short squeezes.
What indicators are currently supporting HBAR?
The Supertrend remained green, indicating a lingering uptrend, while the RSI at ~43.8 shows neutral momentum. These mixed signals mean order flow and liquidation events will likely dictate short-term direction.
Key Takeaways
- Price action: HBAR fell 4.75% to $0.229 on 29 August, pressured by market weakness and rising shorts.
- Market structure: A descending triangle with repeated tests of $0.226 support warns of a possible 20% correction if broken.
- Flows & indicators: $3.18M in exchange outflows suggest accumulation; Supertrend remains green while RSI is neutral—watch liquidations.
Conclusion
Hedera (HBAR) faces a pivotal moment: rising short interest and a descending triangle raise downside risk, while $3.18M in exchange outflows and a green Supertrend provide measured support. Traders should monitor $0.223–$0.226 closely and use risk controls as market flows dictate. COINOTAG will update this report as new data arrives.
Sources and data
Data referenced: CoinGlass liquidation and flow metrics; TradingView charting and technical indicators; market price data as of 29 August 2025. These sources are cited as plain text for verification.
As reported below, exchange liquidation maps and spot inflow/outflow visuals are included for reference:
As Hedera’s price (HBAR) sank, traders doubled down on their bearish bets. For instance – CoinGlass data showed major liquidation levels clustered near $0.2249 and $0.2324.
At these levels, traders appeared to be over-leveraged, with $832k worth of long positions and $2.96 million worth of short positions. This imbalance clearly indicated that bullish strength was lacking, while bears continued to dominate.
Source: CoinGlass
Descending triangle keeps support in focus
Technical analysis highlighted HBAR holding the $0.226 level as key support. The daily chart displayed a descending triangle pattern with multiple retests of that support.
If HBAR closes a daily candle below $0.223, technicals indicate a potential 20% drop toward $0.18. The Supertrend indicator remained green below price, and the RSI at 43.80 suggested neutral momentum.
Source: TradingView
Exchange outflows offer a lifeline?
The clearest bullish cue came from token flows: CoinGlass reported roughly $3.18M in HBAR leaving exchanges. Such outflows typically signal accumulation by holders and can reduce immediate sell pressure.
Source: CoinGlass
