Looking at Hedera price action right now, the chart is not painting the most optimistic picture. Since July, HBAR has been trading lower, creating a clear pattern of lower highs. For a while, it managed to avoid lower lows because a strong support zone between $0.227 and $0.23 had been keeping the market stable.
That level recently gave way, and the breakdown put HBAR in a worse state. After a quick retest of that broken support, the token looks set for another move downward.
The chart suggests that the next significant level sits near $0.196, which would represent close to a 10% dip from the current HBAR price of about $0.218. That makes the possibility of a double-digit drop more immediate than a rally unless something changes.
What Needs To Happen for a Double-Digit Rally
For Hedera to flip the current outlook and print a double-digit rally, certain technical shifts need to occur. The most important step would be reclaiming the $0.23 to $0.24 zone first, then targeting the more decisive $0.3 level.
That $0.23 mark is not just a round number. It is acting as resistance and continues to serve as a ceiling that HBAR has struggled to break. As long as price stays below it, the bearish trend remains in control.
The chart also shows a descending trendline pressing down on the price from above. A clean breakout above that line, combined with reclaiming the $0.3 level, would be the kind of shift that turns sentiment around. It would show buyers stepping back in with strength, creating the conditions for HBAR to attempt a larger September move.
HBAR Price Outlook for September
Hedera’s chart shows that a double-digit dip looks more likely right now, with the next support near $0.196 calling price action lower. For a rally to take shape, HBAR would need to reclaim lost ground and break above both its descending trendline and the $0.3 resistance.
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The setup for September could go either way, but the path to a double-digit rally is clear: recover key levels and flip resistance into support. Whether HBAR manages to pull that off will be one of the key questions for this month.
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