Hedera (HBAR) price has shown signs of slowing momentum after a bounce in early May, with traders split on its future direction near $0.192.
The daily chart indicates resistance near $0.21–$0.22, pointing to a potential stall in bullish momentum, resembling a rounding top pattern.
On the hourly chart, HBAR price forms a descending wedge, a bullish reversal pattern, with support around $0.185 and $0.165 if it fails to break out above $0.205.
The risk-reward ratio favors bulls if $0.19 support holds, with short-term targets at $0.213 and support at $0.165, while consolidation is expected between $0.185–$0.205.