Hedera (HBAR) Rises 5% Amid Bearish Trend

Hedera (HBAR) has shown signs of short-term relief after a rough start to April, with a more than 5% increase in the last 24 hours. However, technical indicators suggest a weak overall trend, with bearish EMA alignment and a flat ADX reading. The momentum remains uncertain, but bulls have managed to defend key support levels so far.

The ADX (Average Directional Index) for HBAR is currently at 19.8, slightly up from 18.49 two days ago but down from a recent high of 21.94. Values below 20 typically indicate a weak or consolidating market, while readings above 25 suggest a strong trend is developing. HBAR’s current ADX near 20 suggests momentum is still relatively soft, with no clear directional strength in place.

Looking at the directional indicators, the +DI (Directional Indicator) has risen from 13.42 to 14.2, showing a slight increase in bullish pressure. Meanwhile, the -DI has declined from 19.89 to 17.15, indicating weakening bearish momentum. This narrowing gap between +DI and -DI may signal a potential shift in favor of the bulls, but with ADX still under 25, the trend remains unconfirmed. If +DI continues to climb and crosses above -DI, Hedera could attempt a short-term reversal—but for now, the market remains in a cautious, sideways phase.

The Ichimoku Cloud chart for HBAR reflects a mostly neutral to slightly bearish trend. The price is currently trading below the Kijun-sen (red line) and very close to the Tenkan-sen (blue line), indicating weak short-term momentum and a lack of clear direction. Both lines are flat, which often signals consolidation and market indecision. The Kumo (cloud) is relatively thick and bearish, with the Senkou Span A below the Senkou Span B. However, price action has entered the cloud zone, suggesting possible trend exhaustion or transition. The Chikou Span (lagging green line) is overlapping with recent price candles, reinforcing the sideways outlook. Unless HBAR breaks cleanly above the cloud and reclaims the Kijun-sen, the market is likely to remain in a holding pattern.

Hedera’s EMA lines are currently showing a bearish structure, with short-term averages positioned below the long-term ones—typically a sign of ongoing downward momentum. Despite this, HBAR price has recently tested and held support at both $0.156 and $0.153, signaling that buyers are still defending key levels. If the trend reverses from here, HBAR could begin a recovery move, first targeting resistance at $0.168. A break above that level could open the path to $0.178, and if bullish momentum strengthens further, a move toward $0.201 could follow. On the flip side, if selling pressure resumes, Hedera could retest the same support zones at $0.156 and $0.153. Losing these levels would weaken the technical structure significantly and could trigger a deeper drop. In that case, the next major support comes all the way down near $0.124, which would represent a substantial decline and reinforce the current bearish trend.