HBAR technicals: downtrend persists as 0.0876 support draws attention

HBAR is still sliding. CoinDesk says the downtrend continues, with the asset described as trading around 0.09 dollars.

The desk points to a specific level: 0.0876 is tagged as “critical support.” If that level fails, CoinDesk flags 0.0611 as the next downside target in a breakdown scenario.

Meanwhile, CoinDesk ties the broader pressure to Bitcoin’s behavior. It says Bitcoin is moving sideways, and that this sideways range “sustains altcoin pressure,” leaving altcoin momentum described as “neutral.”