Market Overview for Hedera (HBARUSD) on 2025-09-01

• Hedera (HBARUSD) declined sharply over 24 hours, closing near a 24-hour low.
• Price dropped from 0.22529 to 0.21614, with significant volume and turnover concentrated in the lower half of the range.
• Volatility expanded through large bearish candles, while momentum shifted decisively lower.
• RSI entered oversold territory, suggesting potential short-term consolidation or rebound.
• A key support at 0.21548 was tested, with mixed follow-through observed.

Hedera (HBARUSD) opened at 0.22529 on 2025-09-01 at 12:00 ET − 1, peaked at 0.22529, and closed at 0.21614 by 12:00 ET. Total 24-hour volume reached 105,341.0, while notional turnover amounted to $22,715.03. The price declined through a series of bearish reversals, testing key support levels during the session.

Structure & Formations

Price action revealed a strong bearish bias through a series of large-bodied bear candles and weak follow-through. The first significant reversal occurred at 2025-08-31 23:30:00, where HBARUSD opened at 0.222 and closed near 0.21904 after a sharp sell-off. Later, at 2025-09-01 02:30:00, a large bearish candle with a high of 0.2165 and a low of 0.21386 confirmed further weakness. Key support levels include 0.21548 and 0.21334, both of which saw price bounce behavior but lacked strong follow-through. A potential bearish engulfing pattern formed on the 15-minute chart from 2025-09-01 08:00:00 onward, confirming downward momentum.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages both crossed below key price action during the early morning hours (UTC-4), reinforcing bearish momentum. On the daily chart, the 50-period and 200-period moving averages suggest a bearish bias, with price well below the 50- and 100-day averages. A crossover of the 20/50 MA lines to the downside may signal a continuation of the bearish trend.

MACD & RSI

The MACD line turned negative and crossed below the signal line around 2025-08-31 23:30:00, aligning with the initial bearish reversal. The histogram remained bearish throughout the session, confirming sustained momentum. RSI reached oversold levels (below 30) by 2025-09-01 06:00:00, suggesting a potential short-term rebound could be near. However, without a strong bullish reversal, the current RSI reading remains a false signal for a reversal rather than a trend shift.

Bollinger Bands

Price spent much of the session near the lower Bollinger Band, indicating increased volatility and bearish pressure. A contraction occurred early in the 24-hour window, followed by a significant expansion as price moved lower. The lower band currently sits near 0.21334, which was a key support level during the morning hours. Price has remained inside the bands for the majority of the session, suggesting a continuation of the current bearish bias.

Volume & Turnover

Volume spiked significantly during the bearish sell-off from 2025-08-31 23:30:00 onward, with 16,000.0 traded units in a single 15-minute candle. Notional turnover also increased, with the largest trade occurring at 0.21904. The divergence between price and volume at key support levels suggests weak follow-through. After the 02:30:00 candle, volume began to normalize, suggesting short-term exhaustion.

Fibonacci Retracements

Applying Fibonacci retracements to the major 15-minute swing from 0.22529 to 0.21548, price found a short-term rebound at the 61.8% level (~0.2177), followed by a breakdown below 0.2165. On the daily chart, the 61.8% retracement level of the broader bearish trend is near 0.214, which may serve as a potential pivot point if the short-term rebound continues.

Backtest Hypothesis

The backtesting strategy suggests using a combination of RSI and MACD crossovers to identify potential short-term reversals. Specifically, entering a long position when RSI moves above 30 and the MACD crosses above the signal line could align with potential rebounds near 0.21548. Given today’s RSI reaching oversold levels and the MACD still in bearish territory, this setup may present a low-probability, high-reward opportunity, provided price action confirms a reversal with strong volume and candlestick formations.