Hedera’s HBAR token remains under heavy pressure as price action continues to weaken across multiple time frames.
The token is down roughly 26% over the past month and nearly 67% on a year-on-year basis.
HBAR is now trading near levels last seen in October 2024, bringing multi-month lows back into focus.
Technical structure shows a confirmed bear flag breakdown on the four-hour chart.
A bear flag typically signals trend continuation rather than a reversal.
HBAR broke below the flag structure near the $0.109 level and failed to stage a meaningful rebound.
The breakdown has so far been accepted by the market.
Based on the height of the flagpole, downside projections point to a potential move of around 28%.
That projection places possible downside targets between $0.079 and $0.068.
These levels align with price zones last traded in October and November 2024.
As a result, the move carries the risk of establishing fresh multi-month lows.
The technical picture would only weaken if price were to reclaim the lower trendline of the broken flag.