Will Hedera Hit $10 After September? Expert Analysis of HBAR Price Action

Hedera price action reveals a challenging setup right now, with the chart painting a picture of lower highs since July. A strong support zone between $0.227 and $0.23 prevented further downside until recently. However, this level just broke down, resulting in a more bearish outlook for HBAR. The next potential support sits near $0.196, roughly a 10% drop from the current price of around $0.218. This makes a double-digit drop increasingly likely unless positive changes occur.