Market Overview for Hedera/Tether (HBARUSDT): 2025-09-15

• Hedera/Tether traded in a 0.2381–0.2433 range with a bullish close.
• Volume surged at 17:00 ET amid a key breakout attempt.
• RSI remains neutral, suggesting no immediate overbought/oversold conditions.
• Bollinger Band width expanded mid-session, indicating rising volatility.
• Price tested key Fibonacci levels near 0.2396 and 0.2424.

Hedera/Tether (HBARUSDT) opened at 0.2389 on 2025-09-14 12:00 ET, reached a high of 0.2433, a low of 0.2381, and closed at 0.2405 on 2025-09-15 12:00 ET. Total volume for the 24-hour period was 26.79 million HBAR, and notional turnover stood at approximately $6.56 million. The pair demonstrated moderate bullish momentum amid mixed volatility.

Structure & Formations

The 24-hour chart displayed a bullish bias with price forming a key breakout above a horizontal resistance at 0.2410–0.2415 and retesting it multiple times. A notable bullish engulfing pattern formed at 17:00 ET (0.24103–0.24043–0.24043) as the pair surged on elevated volume. A small bearish doji appeared at 18:15 ET (0.24169–0.24086–0.24092), hinting at indecision before a pullback. Key support levels were identified near 0.2396 and 0.2381, both of which saw price bounce off during the session.

Moving Averages

On the 15-minute chart, the 20-period SMA (0.2402) provided a dynamic support, while the 50-period SMA (0.2406) acted as resistance. Price traded above both for most of the session, suggesting short-term bullish momentum. On the daily chart, the 50-period SMA (0.2404) and 200-period SMA (0.2398) formed a bullish crossover, reinforcing the longer-term bias.

MACD & RSI

The 15-minute MACD showed a positive crossover at 16:45 ET, with the line (0.0005) above the signal line (0.0003), suggesting rising bullish momentum. The histogram peaked at 0.0003 as volume surged. RSI remained in neutral territory between 50–60 for most of the session, only briefly reaching 65 at the high of 0.2433 before retreating. This indicates the price remains in a balanced accumulation phase without extreme overbought conditions.

Bollinger Bands

Volatility increased as the pair approached 0.2410, with the band width expanding to 0.0035. Price closed just below the mid-band at 0.2405, suggesting a temporary consolidation after the morning breakout. A contraction in band width occurred during the 18:30–19:15 ET period before expanding again with the afternoon rally.

Volume & Turnover

Volume spiked at 17:00 ET (9.5 million HBAR) with a strong bullish candle to 0.24308, confirming the breakout. Turnover also increased during this period, reaching a peak of $234,000. A divergence was noted at 21:15 ET where volume dropped despite a modest price gain, suggesting weak buyer conviction.

Fibonacci Retracements

The 0.2410–0.2433 swing formed a key Fibonacci structure, with 0.2424 (38.2%) acting as a minor support and 0.2405 (61.8%) as a key consolidation level. The daily chart showed a similar retracement from the 0.2380–0.2433 range, with 0.2405 again serving as a pivot level.

Backtest Hypothesis

A potential backtesting strategy involves entering a long position upon a bullish engulfing pattern confirmed by above-average volume and a close above the 50-period SMA. A stop-loss would be placed below the nearest Fibonacci support (0.2396), with a target at the next resistance level (0.2424). This setup aligns with the morning breakout and the bullish engulfing pattern at 17:00 ET. The combination of MACD crossover, volume confirmation, and key Fibonacci levels increases the probability of a successful trade setup.