Hedera drops around 9.5% after IBM Cloud and NVIDIA news fail to sustain rally

Hedera (HBAR) fell 9.52% today, with price around $0.106 after a recent rally faded. The move followed IBM Cloud Catalog integration of The Hashgraph Group's IDTrust on Hedera, while NVIDIA-related activity didn’t directly reference Hedera. Technicals show HBAR above key moving averages (20/50/200) but facing near-term resistance at $0.131 and a current downside gap. Indicators are mixed, with bullish momentum harboring but conflicting signals like Stochastic RSI and CCI. Key takeaway: watch $0.131 breakout for potential bullish continuation.