Market Overview for Hedera/Tether (HBARUSDT)

• Hedera/Tether traded 0.23172 at 12:00 ET-1 and reached a 24-hour high of 0.23701 before closing at 0.23478.
• Price consolidated between $0.231–0.237, with a key 61.8% Fib level at $0.2344 acting as support.
• Momentum shifted mid-day, with a 20-period MA crossing above 50-period MA in the morning, reversing later.
• Volume declined from over 5M to under 300K in the final hours, but turnover remained stable.
• RSI remained neutral, suggesting no immediate overbought or oversold conditions.

The 24-hour chart for Hedera/Tether (HBARUSDT) shows a price opening at $0.23172 on 2025-09-15 12:00 ET, peaking at $0.23701 by 2025-09-16 00:15 ET before settling at $0.23478 as of 12:00 ET on 2025-09-16. Total trading volume for the period was 32,057,531 units, with a notional turnover of $7,537,479. Price action reflected moderate volatility with clear consolidation around key levels.

Structure & Formations

Price formed a bullish pennant pattern between 0.2344 and 0.23701, with a clear breakout in the early hours of 09-16. A bearish dark cloud cover pattern emerged after 04:00 ET, confirming a potential reversal. Key support levels emerged at $0.2344 (61.8% Fib), $0.2332 (38.2% Fib), and $0.2318 (prior 24-hour low), while resistance levels were identified at $0.2358 and $0.2370.

Moving Averages

On the 15-minute chart, the 20-period MA crossed above the 50-period MA in the early morning, signaling a potential short-term bullish bias. However, by late morning, the 20 MA began to cross back below the 50 MA, indicating waning momentum. For the daily chart, the 50/100/200-period MA lines remained in a bullish alignment, with price above all three and trending upward over the broader period.

MACD & RSI

The MACD line showed a positive divergence in the morning with a bearish crossover in the late hours, suggesting a loss of upward momentum. RSI fluctuated between 45 and 65 for most of the session, avoiding overbought or oversold territory. A brief 70-72 RSI peak occurred during the early hours, but no strong overbought signals were sustained, suggesting buyers were still in control without showing signs of exhaustion.

Bollinger Bands

Volatility expanded in the morning hours, with price reaching the upper Bollinger Band before retracting. Price spent a significant portion of the session within the bands and did not test the lower band meaningfully, indicating a relatively stable trading range. The bands showed a slight expansion during the early hours, consistent with the price’s move toward its 24-hour high.

Volume & Turnover

Volume spiked early in the morning as price approached the 0.23701 high, with a 15-minute volume of 2,213,905 units. Turnover remained steady despite the volume decline in the final hours of the session. A price-volume divergence appeared after 05:00 ET, with volume shrinking while prices still moved higher, signaling caution in the bullish momentum.

Fibonacci Retracements

Applying Fibonacci levels to the 15-minute swing high (0.23701) and low (0.2318) revealed key retracement levels at 0.2344 (61.8%) and 0.2332 (38.2%), both of which provided clear support and resistance. These levels were tested multiple times during the day, with the 61.8% level acting as a short-term pivot point.

Backtest Hypothesis

The backtest strategy involves entering a long position when price closes above the 50-period MA on the 15-minute chart and the RSI rises above 50, exiting when RSI falls below 40 or when the 20-period MA crosses below the 50-period MA. This strategy would have captured the morning rally but been triggered to exit during the afternoon pullback. Given the observed volatility and consolidation, this approach appears to have a moderate risk/reward profile, particularly when combined with trailing stops placed at key Fib levels.