Hedera Faces Ongoing Selling Pressure as Price Range Narrows
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Price Trend Suppression: Hedera's price remains capped below a long-term resistance line, with the latest trading data showing fluctuations around $0.10931, down 0.49% from the previous session, indicating persistent selling pressure and market weakness.
- Market Structure Analysis: Technical charts reveal that Hedera is trapped within a long-term descending channel, with repeated triangle patterns suggesting a distribution phase rather than accumulation, further exacerbating downside risks.
- Volume Changes: Over the past few days, sell volume has significantly increased during price declines, reaching 27.29 million HBAR, indicating that sellers are more aggressive than buyers, contributing to a bearish market sentiment.
- Short-Term Outlook: Unless the price can break through long-term resistance with clear momentum, Hedera is expected to continue facing downward pressure, with potential tests of lower support zones in the near term.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.






