Market statistics indicate a slight downfall, and technical signals do not indicate any good recovery.

Price activity of HBAR is still under pressure as the token is trading near short-term support levels.

Short-term charts depict recurrent efforts to stabilize, but the price is stuck under the resistance. The momentum indicators are still being followed by traders due to the visible selling pressure between sessions.

HBAR Trading Between $0.0874 and $0.0880

At the time of writing, HBAR was trading between $0.08747 and $0.08801 in market trackers, representing a drop of 1% to 2.3%on intraday data. The price action was very close, with intraday lows of about -0.0879 and highs of about -0.0903. Market capitalization was between $3.78 and…