Hedera’s recent performance has shown signs of weakness with a notable 4% drop. The Average Directional Index (ADX) has decreased to 16.6, highlighting a weak trend. Sellers are gaining control as bearish momentum increases, with the -DI overtaking +DI.
Key resistance remains at 0.199 USD, while breaking below 0.184 USD could lead HBAR towards 0.17 USD. The Ichimoku Cloud analysis reflects indecision in the market with bearish tendencies, confirming a need for clearer support levels to establish trend direction.
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