Market Overview: Hedera (HBARUSD) 24-Hour Summary (2025-09-04)

• Hedera (HBARUSD) formed a bearish breakdown pattern, with a 24-hour low of $0.21 at 16:15 ET after a sharp 5-hour descent.
• Momentum weakened significantly, as RSI dropped to oversold territory and MACD diverged from price.
• Volatility spiked midday, with a 2.1% intraday swing and uneven volume distribution across timeframes.
• Bollinger Bands saw a narrow contraction before a late expansion, confirming increased directional risk.
• Volume surged at 14:00 ET as price tested 0.215, yet failed to retest key Fibonacci levels from 0.222.

Hedera (HBARUSD) opened at $0.22147 at 12:00 ET − 1 and fell to a 24-hour low of $0.21 by 16:15 ET before closing at $0.212 at 12:00 ET. Total volume stood at 98,207.0 and turnover reached $21,998.93. The asset displayed a bearish bias across timeframes with multiple breakdowns in key support levels.

Structure & Formations

HBARUSD formed a strong bearish trendline from 0.222 to 0.212, with several 15-minute bearish engulfing patterns reinforcing the downward momentum. Notable support levels emerged at 0.21, 0.215, and 0.22, with the 0.21 level acting as a key psychological floor after a 4-hour consolidation phase. A morning doji at 0.22202 suggested indecision, while a late-night rejection at 0.21529 signaled renewed selling pressure.

Moving Averages

On the 15-minute chart, price traded well below the 20- and 50-period moving averages, indicating short-term bearish bias. On the daily chart, price closed below the 50, 100, and 200-day moving averages, reinforcing the bearish structure and suggesting further testing of lower support zones in the near term.

MACD & RSI

The 15-minute MACD formed a bearish crossover late morning, with the line plunging into negative territory and confirming the breakdown in sentiment. RSI dipped below 30 into oversold territory by midday, yet failed to trigger a rebound, indicating weak conviction in a reversal. The lack of divergence between RSI and price suggests the downtrend could continue into the next 24 hours.

Bollinger Bands

Bollinger Bands showed a narrow consolidation phase from 0.222 to 0.220 before expanding sharply in the early morning. Price remained below the midline and within the lower band for much of the day, with a final close near the lower boundary. This suggests heightened volatility and a bearish outlook unless a strong reversal forms above the midline.

Volume & Turnover

Volume spiked at 14:00 ET with a large 0.215–0.21428 move, yet failed to produce a meaningful rebound, indicating selling pressure persisted. Notional turnover aligned with volume, with the largest spikes occurring at key breakdown levels. Divergences between price and volume were minimal, suggesting the downtrend is supported by consistent selling interest.

Fibonacci Retracements

Fibonacci levels from the 0.222–0.215 swing indicated key resistance at 0.218 (38.2%) and 0.216 (61.8%), both of which were rejected. A 61.8% retracement at 0.21529 failed to hold, pushing price further lower. Daily Fibonacci levels from the recent high to the 0.21 low suggest a potential target at 0.205 (38.2%), with a critical support at 0.21 (100%).