Hedera (HBAR) Eyes Rebound as Investor Inflows Hit Two-Month High

Hedera (HBAR) has struggled for nearly two months as its price remains stuck in a persistent decline. Despite repeated attempts, the altcoin has failed to reverse its bearish momentum. However, recent on-chain data reveals signs of resilience, with investor inflows hinting at growing optimism.

The Chaikin Money Flow (CMF) indicator shows a sharp increase, hitting a two-month high. This reflects strong capital inflows as investors continue to accumulate HBAR during weakness. Such activity suggests confidence in Hedera’s potential recovery, as buyers position themselves for gains if the cryptocurrency overcomes resistance barriers.

Technical indicators also support this outlook. The Relative Strength Index (RSI) is holding above the neutral 50.0 mark, a key signal of underlying bullish momentum. While the overall downtrend persists, RSI strength highlights market optimism and a favorable macro backdrop for HBAR in the short term.

At present, Hedera trades at $0.237, with immediate resistance at $0.241. The asset’s decline began after failing to breach $0.248 earlier this summer. If bullish pressure builds, HBAR could rebound from the $0.230 support level and retest $0.241. A decisive break above $0.248 would officially mark the end of the ongoing downtrend.

However, risks remain. If bearish sentiment grows stronger, Hedera could slip below $0.230, exposing the token to further losses toward $0.219. Such a breakdown would invalidate the bullish outlook and potentially extend the decline.

For now, inflows and technical strength suggest HBAR may be gearing up for a rebound. Investors will be watching closely to see if Hedera can overcome key resistance levels and shift momentum back in favor of bulls.