Hedera (HBAR) Down 2.5% — Is This a Breakdown or Short Trade Setup Below $0.184?

Hedera (HBAR) just lost a key technical level, dropping below $0.184 with a sharp 2.5% intraday decline. After days of squeezing between lower highs and flat support, the breakdown is now confirmed on the chart—and momentum is shifting hard to the downside.

Price is trading around $0.1815, firmly below its 50-hour EMA ($0.1883), which has flipped from support to resistance. The MACD shows a bearish crossover with widening histogram bars, reinforcing the selling pressure.

This is classic descending triangle behavior: sellers crowding the exits while buyers hesitate. The structure shows weakening demand and a buildup of supply—two warning signs of deeper downside.

Trade Setup: Risk-Managed Short Strategy

For traders watching this unfold, HBAR may be entering a trend-following short opportunity. The key now is patience and confirmation before jumping in.

Short Trade Parameters:

• Entry: If HBAR retests $0.184–$0.185 and fails to reclaim it

• Target 1: $0.1784 (first support zone)

• Target 2: $0.1756 (stronger demand area)

• Stop-Loss: Above $0.1875 (to protect against false breakouts)

This setup offers a favorable risk-reward profile, especially as broader market volatility and ETF delays weigh on sentiment.

ETF Delays Add Macro Pressure

While Hedera’s fundamentals remain intact, the regulatory backdrop adds another layer of pressure. The SEC has postponed a decision on Grayscale’s HBAR ETF filing until October 8, pushing institutional interest further down the road. Despite Bloomberg Intelligence assigning HBAR an 80% approval chance for 2025, the delay could keep upside capped in the short term.

Pair that with overall market caution and you’ve got a chart—and a catalyst—that supports the bearish thesis. For now, the path of least resistance for HBAR is lower, and traders may look to capitalize.