Hedera Price Hovers Near Critical Support at $0.150

Hedera (HBAR) price has shown signs of recovery after a prolonged downtrend, sparking speculation among investors about whether this is a temporary rebound or the start of a bullish reversal. A detailed analysis of the daily and hourly charts provides crucial insights into the potential future movements of HBAR price.

The daily chart indicates that HBAR price has been in a persistent downtrend since mid-May, characterized by lower highs and lower lows. Currently, the price is hovering around $0.154, just above a critical horizontal support level at $0.150. This support level has held twice this month, acting as a psychological base. If this support breaks, the price could drop to $0.140 or even $0.125 in an aggressive selloff scenario.

The 20-day simple moving average (SMA) has crossed below the 50-day SMA, confirming bearish momentum. The 20 SMA is currently at $0.170, significantly above the current HBAR price, indicating a steep deviation. A mean reversion bounce to this level would result in a 10.38% upside from current prices. However, this would require a reversal candle and high volume, which are currently absent.

On the hourly chart, the situation appears different. After a steep fall from $0.165, the HBAR price has consolidated between $0.150 and $0.155. Multiple hammer candles have appeared on the lower time frame around $0.150, suggesting short-term accumulation. Moving averages on the hourly chart (20/50/100/200 SMA) show clear bearish alignment, with the price struggling to break above the 50 SMA at $0.156. Until HBAR price closes an hourly candle above $0.156, any bullish case remains unconfirmed.

A short-term bullish scenario would involve reclaiming $0.156 and pushing toward $0.161 (near the 100 SMA), offering a quick 4.28% upside. On the downside, failure to hold $0.150 would likely trigger a drop to $0.145 and possibly $0.140.

Key resistance levels are at $0.156 and a strong zone at $0.161–0.165. These are previous breakdown levels and also where the hourly 100 SMA and pivot point reside. Support is clearly defined at $0.150, and if that breaks, then $0.140 becomes the next important zone.

While short-term indicators show some exhaustion of the selling pressure, there is no definitive bullish reversal pattern yet. The Heikin Ashi candles on the daily chart still show red bodies with no wicks to the top, which is a clear continuation signal. However, if the daily closes with a doji or bullish engulfing in the next 24–48 hours, HBAR price could attempt a bounce.

If HBAR price holds above $0.150 and reclaims $0.156 in the next 12–24 hours, we could see a move to $0.165. This would offer a modest recovery of around 7%–8%. However, if $0.150 fails, the selloff could resume, sending the price toward $0.140 or even $0.125. Based on volatility compression and long-tailed candles near support, the probability of a short-term bounce is around 60%, but sustainability is in question due to the bearish moving average structure.

HBAR price is at a critical juncture. If bulls can protect $0.150 and reclaim $0.156 quickly, a short-term recovery is likely. However, the trend remains bearish on the daily timeframe until the HBAR price reclaims the 50-day SMA above $0.170. Conservative traders should wait for confirmation, while aggressive ones may look for low-leverage long setups above $0.156 with tight stops below $0.150. For now, HBAR price is trading on thin ice. Stay alert—any break of structure could lead to a sharp move in either direction.