HBAR futures show a clear turning point. Rapidly falling from the high of 0.12693 to 0.12046, the price has broken below the MA5 moving average (0.12165). The MACD indicator's green bars are clearly expanding, indicating that selling pressure is gradually accumulating.

The RSI has fallen to around 30.45923. Although in the oversold zone, there is no obvious sign of bottom-fishing funds entering. This suggests that market sentiment remains relatively weak. From the chart, support around 0.12015 is relatively thin. Once this level is broken, the next target is the 0.12 level.

In the short term, technical indicators continue to weaken, with bearish forces dominating. For traders, this level can be considered for short positions, but risk control points should be set properly. Watch whether the support at 0.12015 can hold; if it fails, it may accelerate the downward move to find a bottom.