Is divergence a rebound signal for HBAR? Price turning points seen through technical analysis

Herdera’s native token “HBAR” has experienced approximately a 35% decline during the correction phase starting in mid-January. According to the latest data, the current price is $0.09, showing a 1.70% increase over the past 24 hours, indicating signs of bottoming out. This is supported by multiple technical indicators signaling a “divergence,” which suggests a potential price rebound.

Signs of Buying Pressure in Technical Indicators

According to NS3.AI analysis, the appearance of descending wedge patterns and divergences may indicate that the market is not just undergoing a correction but is preparing for a rebound. Fund flow indicators such as Chaikin Money Flow (CMF) and Money Flow Index (MFI) confirm activity from dip buyers and suggest buying pressure from institutional investors and large holders.

Divergence occurs when the price hits new lows while the indicator fails to do so, creating a discrepancy. Typically, this situation reflects accumulated buying pressure and increases the likelihood of a technical rebound. In the case of HBAR, this condition is currently forming.

Risks from Weakening Volume Trends

However, an optimistic outlook is not the only perspective. Recent breaks in On-Balance Volume (OBV) and a general weakening of volume trends have been observed. This raises concerns about the certainty of an upward move and leaves questions about whether the rebound can be sustained.

Even if technical indicators signal a buy, a lack of trading volume can make the price increase fragile. This contradictory situation suggests that investors should exercise caution in their decision-making.

The Next Scenario Hinges on the $0.076 Support

The key level to watch now is the critical support around $0.076. If this level is broken, further downward pressure could push the price toward $0.062 and then $0.043. Conversely, if this support holds and a rebound is confirmed, it would strengthen the technical basis for the divergence theory.

While concerns about insufficient volume remain, signs of fund inflow visible in the Chaikin Money Flow indicator cannot be ignored. Whether $0.076 can hold will be a pivotal point for the future trajectory of HBAR.