🪙 The HBAR price rejects from the high-value area due to weak demand, heading towards $0.07

‍$HBAR The price has experienced repeated rejections at the high-value area, indicating weakening upward momentum. With demand waning, the market is now at risk of turning back toward deeper support near $0.07.
Recent HBAR price movements reflect rotation market behavior rather than trend expansion. The asset has repeatedly tested the Value Area High, only to be rejected multiple times. This level acts as the upper boundary in the current trading structure, signaling that buyers lack the confidence needed to sustain a breakout.
The inability to reclaim the Value Area High indicates declining demand at higher prices. When prices repeatedly fail to break resistance without strong volume confirmation, the market often rotates downward in search of stronger liquidity zones. In the case of HBAR, the price has now returned to the higher timeframe support around $0.09, which serves as the next demand zone.
The $0.09 region represents a structural pivot point within the range. Holding this level will maintain the consolidation dynamics and keep the price rotation behavior between the value area boundaries, especially after HBAR recently rebounded from this year's lows at $0.0725 to the psychological level of $0.100.
However, a confirmed close below this support will indicate acceptance at lower prices and significantly increase the likelihood of continuing toward the Point of Control (POC) and eventually the Value Area Low.
From a volume profile perspective, the market often moves between the Value Area High, POC, and Value Area Low as liquidity shifts. With the upper boundary sharply rejecting prices, the path with the lowest resistance leans toward the lower end of the range.
If $0.09 fails to hold, the next major higher timeframe support is near $0.07, a zone that previously served as a structural demand area.
‍#HBAR | #Hedera | $HBAR