The analyst discusses Hedera Hashgraph (HBAR) on September 3rd, noting the current price around $0.22004. He examines the daily chart with indicators such as RSI, stochastics, and MACD. The RSI and stochastics suggest potential downward movement. He draws a Fibonacci retracement from the recent low to high, concluding that a drop below $0.2168 is an indicator of further downside. Moving to a shorter one-hour timeframe, the analyst identifies $0.2168 as crucial support. A break below this level would confirm the bearish outlook. He sets an overall bearish target between $0.19 and $0.20 in that case. However, if the price exceeds $0.2577, that would invalidate the analyst's bearish view. He highlights that any retracement would probably hit the $0.23 to $0.2350 level before potentially reversing lower.