Hedera (HBAR) Rebounds 11% From Weekly Low, Volatility Awaits

Hedera (HBAR) is currently trading around $0.14859, showing a weak but steady rebound from the $0.133 low earlier this week. Despite persistent selling pressure throughout June, the price action is stabilizing above a key accumulation zone. Short-term indicators suggest a potential volatility breakout, but the overall trend remains bearish unless bulls can reclaim the 0.154–0.158 resistance confluence.

The broader Hedera price action has been locked inside a descending structure since mid-April. The latest daily candle shows a slight upward bias, with the price attempting to break out from a narrowing wedge. The price is trading just above a major demand zone at $0.133–$0.141, which has historically served as a strong support base. The bounce from this level suggests that buyers are actively defending the weekly 0.786 Fibonacci at $0.11847, though follow-through remains limited for now.

On the weekly chart, Hedera continues to respect the 0.618 Fib retracement at $0.178 and the 0.5 level near $0.221, both acting as major macro resistances. The longer-term outlook remains cautious unless those levels are challenged again.

One reason behind the minor uptick in HBAR price today is localized buying at the intersection of horizontal support and downward trendline convergence. The 30-minute chart reveals that the price is now consolidating above the session VWAP ($0.14796) and the Parabolic SAR has flipped below candles, indicating a potential short-term upward bias. Bollinger Bands are also tightening, suggesting a volatility event is due.

Meanwhile, the 4-hour RSI has risen to 43.34 from a previous low, with a bullish crossover forming above the 35 level. This indicates that momentum is slowly recovering, even though it remains under the 50-neutral mark. The MACD on lower timeframes shows flattening histogram bars, further reinforcing this consolidation thesis.

Looking at the 4-hour Bollinger Bands, the price is currently squeezing between the middle band at $0.1498 and lower support band near $0.1424, with compression building across EMAs. The 20, 50, 100, and 200 EMAs are currently stacked bearishly between $0.1470–$0.1594, forming a congestion zone just above current levels. A rejection from this EMA cluster around $0.151–$0.154 could lead to another retest of $0.141. However, a confirmed breakout above $0.15425, marked by both horizontal resistance and Fibonacci extension, could invite new long entries.

Smart Money Concept charts show CHoCH (Change of Character) events forming in the $0.152–$0.155 zone, highlighting an area of key liquidity and interest from both bulls and bears.

In the immediate term, HBAR bulls need to clear the $0.154–$0.156 resistance band, where multiple indicators including trendline resistance, EMAs, and Fibonacci pivot levels converge. A breakout above this could push the price toward $0.1608, with extended upside potential to $0.1733. On the downside, support remains firm at $0.1415. If this zone fails, the price could cascade toward the weekly 0.786 Fibonacci at $0.11847, which is also a strong historical demand zone. Given the tight Bollinger Band squeeze and growing RSI divergence, a breakout in either direction is likely within the next 24–48 hours.