HBAR Gains 5.1% as it Approaches Key $0.177 Resistance Level

HBAR, the native token of the Hedera network, has shown signs of recovery after experiencing a significant seven-week decline. The price of HBAR dropped from $0.265 to $0.130 but recently gained 5.1%, sparking optimism among traders and analysts. This upward momentum has pushed the HBAR price towards $0.17, a critical level for recovering from recent losses. The market is now closely watching to see if HBAR can break through the $0.177 resistance level, which could trigger $20 million in short liquidations and significantly reshape market dynamics.

If HBAR successfully breaks through the $0.177 resistance level, it could fuel a rally to $0.200, restoring confidence in the token. However, failing to overcome this barrier may cause a pullback, invalidating the bullish outlook. The Chaikin Money Flow (CMF) indicator has entered the positive zone, signaling an improving outlook for HBAR. This shift indicates that inflows now outpace outflows, an event not seen since early 2025. It suggests that investor sentiment is turning more favorable as many enter the market expecting continued gains. The CMF’s positive movement reinforces optimism regarding the HBAR price.

This renewed confidence in HBAR arises from both technical and psychological factors. Reaching a multi-month low, HBAR attracted buyers seeking discounted entry points into the market. The CMF confirms increased buying pressure, laying the groundwork for a more sustained rally. The alignment of indicators with market sentiment points towards a strengthening recovery, though resistance levels remain important.

The risk of liquidation for short positions becomes more pressing as HBAR approaches the $0.177 resistance. Liquidation maps indicate that a successful breach by the altcoin could wipe out $20 million in shorts. This event would likely catalyze more upward pressure, forcing bearish traders to exit positions, possibly at a loss. Such a scenario might serve as a foundation for a more extensive bullish breakout phase. Forced buybacks following liquidations often fuel rapid Hedera price increases, creating feedback loops. This factor makes $0.177 a key technical and psychological inflection point defining HBAR’s short-term path.

HBAR’s current price of $0.17 marks a noteworthy improvement, yet the key challenge remains. This cryptocurrency must break the $0.177 resistance decisively to confirm any trend reversal. Success could lead analysts to predict an HBAR price of $0.197 or even $0.200. This outcome would represent positive news for HBAR, boosting its shift into bullish territory. However, the stakes involved remain high. Failure to break $0.177 could trigger an HBAR pullback towards $0.154 support. After such a pullback, a further price drop to $0.143 becomes a real possibility. This move would reduce optimism and potentially extend the established downtrend significantly. Investors tread carefully, awaiting confirmation of a breakout or retracement pattern.

According to the latest news, HBAR stands at a pivotal crossroads. A successful breakout over $0.177 could mark a turning point for the HBAR price. Such a move might invite greater participation from both institutional and retail investors. A possible $20 million in liquidations may catalyze the move, intensifying momentum and causing a Hedera price surge. Nevertheless, caution remains necessary despite the promising signals. Market sentiment often shifts rapidly without much prior warning. The current rally could quickly be reversed if resistance proves too strong. Investors are watching closely now, aware that the next trading sessions may determine HBAR’s trajectory.