Hedera Price Prediction: Why Did HBAR Drop 8%? IBM Deal In Focus

Hedera (HBAR) faces a key price pattern as it trades around $0.091 with an 8% intraday drop. The chart shows a symmetrical triangle ahead of a breakout, with resistance at $0.10137 and $0.11004 and support at $0.08831 and $0.08445. IBM's Silver Partner status and IDTrust on IBM Cloud are highlighted as a fundamental enterprise catalyst, potentially driving a bullish breakout if the price closes above $0.10137. Derivatives volume also dominates, signaling heightened risk and sharp moves.