Here’s the key support level Hedera [HBAR] can retest before a bullish recovery

Key Points

1. HBAR could retest the key support level at $0.22 or slightly lower, with a potential bullish reversal if Bitcoin stays above $112k.

2. The $0.218-$0.223 region has built liquidity since mid-July, making it a likely target for a brief price dip.

3. Long-term market structure for HBAR remains bullish, but a drop below $0.206 would be concerning.

4. The A/D indicator and CMF show weak demand and significant capital outflows, suggesting a near-term price dip.

5. Traders may consider staying sidelined, while investors could look to buy the dip.