Hedera has fallen more than 10% over the past week as HBAR shows signs of structural weakness and capital outflows.
Technical charts indicate a developing head-and-shoulders pattern, with key neckline support near $0.102.
A daily close below the $0.100–$0.102 zone could trigger a downside move of around 20%.
Chaikin Money Flow has slipped decisively below zero, signalling sustained capital outflows rather than low-volume consolidation.
Similar CMF breakdowns previously preceded sharp HBAR declines, reinforcing downside risk.
Market sentiment has dropped to its lowest level since late October, reflecting fading investor confidence.
Historical data shows past sentiment troughs were followed by notable price declines in HBAR.
Despite bearish pressure, spot exchange data shows rising net outflows, suggesting dip buyers are stepping in.
Exchange outflows increased over the past two days as prices corrected, indicating accumulation by longer-term holders.
Derivatives data shows heavy short positioning, with short liquidation exposure outweighing longs by around 70%.