Hedera is entering a risky zone. Over the past month, buying pressure has decreased by nearly 90%, while the HBAR price continues to drop. While the broader cryptocurrency market is trying to remain stable, Hedera is not responding in the same way, especially when you look at the charts.
Traders are stepping away instead of buying the dip. At this moment, a further decline is no longer unlikely. It now seems to be the most obvious scenario.
Spot purchases have almost disappeared while the downward trend continues.
The HBAR spot market is showing the clearest warning signal.
In the week ending November 10, Hedera recorded a spot outflow of about $26.7 million, indicating strong buying power as coins were withdrawn from exchanges. By the week ending December 15, that had dropped to just $2.4 million. This means a decrease of about 90% in buying pressure in just over a month.
This is important because the price is already moving within a descending channel – a bearish pattern. If buyers disappear during a downward trend, sellers need little strength to push the price further down. This makes the market fragile.
The Money Flow Index (MFI) confirms this weakness. MFI measures how much money flows in or out of an asset, using both price and volume. In HBAR's case, the MFI is making lower lows alongside the price and has now entered overbought territory. Instead of recovering, it continues to decline.
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This shows that dips are not being bought, which means there is little confidence in a price recovery.
Why the HBAR price breakdown scenario is gaining weight
With weak spot demand and declining money flows, the HBAR price is at a decisive point.
HBAR is now near the bottom of the descending channel. The first important level to watch is $0.106. If the price loses this level at daily close, the next target is around $0.095, which is about 12% lower than now. If that is reached, there is a clear bearish breakdown, and even $0.078 comes into view.
Such a movement would confirm that the downward trend continues instead of just a temporary dip.
To break the bear scenario, HBAR needs a significant turnaround. The price must get back above various resistances and close near $0.155. Due to the collapsed spot purchases and a persistently weak MFI, that outcome seems unlikely for now.
The conclusion is clear: with most buyers gone, money flows declining, and the price already firmly in a bearish structure, a breakdown is not just a risk. At this moment, it is the most likely scenario.
