Hedera (HBAR) is currently priced at $0.107483, showing a 24-hour decline of 3.18%. The daily price action has oscillated between a high of $0.11101 and a low of $0.10586, indicating a tight trading range of just 0.00515%.

The trading volume over the last 24 hours is 132,301,637 HBAR, representing 2.88% of the market cap, which suggests a moderate level of activity relative to its overall size. The hourly moving averages indicate mixed signals, with the 8 SMA and 13 SMA showing slight upward trends, while the longer-term 55 SMA and 144 SMA indicate bearish pressure, suggesting potential resistance around $0.1102 and $0.1126.

The 1-hour Relative Strength Index (RSI) is at 48, indicating a neutral stance, while the 7-day RSI at 43 suggests a slight bearish trend. The price has decreased by 4.04% over the past week, and the 30-day price change of -18.42% reflects ongoing downward momentum, potentially influenced by broader market trends.

Despite the recent negative price action, the support level around $0.10586 is holding, which could act as a short-term buy signal if it bounces. However, resistance levels at $0.1102 and $0.1126 need to be surpassed for a more bullish outlook.

Given the current technical indicators, the overall trend appears bearish, but the presence of key support suggests a possible stabilization. Therefore, the recommendation is to hold HBAR for the time being, monitoring for a breakout above resistance or further confirmation of support before making any aggressive moves.