HBAR Price Stuck at $0.07: Top Traders Load Up While Retail Dumps
Hedera's HBAR token has been stuck at $0.07 for 24 hours, but top traders are quietly loading up on long positions while retail investors dump their shares.
The momentum picture is ambiguous, with the RSI at 51 and the stochastic oscillator in oversold territory, indicating a possible slow-bleed setup where price has leaked down without a sharp selloff.
A key level of support is at $0.07, where both the SMA 20 and SMA 50 converge, while the ceiling is at $0.08, where the SMA 7, SMA 200, and upper Bollinger Band cap overhead movement.
Despite retail positioning being slightly net short, top traders have a long/short ratio of 1.37, with 57.7% of their exposure long, indicating a potential short squeeze if price can hold $0.07 and reclaim $0.08.