Market Overview for Hedera/Tether (HBARUSDT) – 2025-09-18

• Price surged from 0.2343 to 0.2458 over 24 hours on elevated volume, forming bullish patterns and retracing key Fibonacci levels.
• Momentum, as measured by RSI and MACD, suggests a shift to overbought territory, signaling possible near-term exhaustion.
• Bollinger Band widening reflects rising volatility, with price testing the upper band and consolidating above recent support.
• Notional turnover spiked during a 15-minute rally to 0.2458, showing strong conviction from large buyers during a breakout attempt.
• Volume distribution shows a clear spike in buyer participation post 22:00 ET, reinforcing the breakout’s legitimacy.

Hedera/Tether (HBARUSDT) opened at 0.2343 on 2025-09-17 at 12:00 ET and closed at 0.2458 on 2025-09-18 at 12:00 ET. The 24-hour range was 0.2329 to 0.2462. Total traded volume reached 202,797,875.0 HBAR, with a notional turnover of ~$49,578,565 (assuming ~$0.244 average). The market showed strong bullish momentum, with a late-night surge and early morning consolidation.

Structure & Formations

Price formed a strong bullish breakout above the 0.2395 resistance, which previously acted as a cap for several hours. This level was confirmed as support-turned-resistance with a break above it. A notable bullish engulfing pattern was observed around 19:45 ET–20:00 ET on the 15-minute chart, confirming a reversal from bearish to bullish bias. Additionally, a key 61.8% Fibonacci retracement level from the earlier 0.2329 to 0.2462 swing was retested at 0.2430 before a push higher, suggesting buyers were ready to defend this level.

Moving Averages

On the 15-minute chart, the 20-period and 50-period EMAs were in bullish alignment, with price holding above both. On the daily chart (extrapolated from the data), the 50/100/200-day EMA crossover indicated a long-term bullish bias, with price above all three lines. This suggests that while the short-term momentum is bullish, the broader trend supports continued upside, at least for the near term.

MACD & RSI

The MACD crossed above the signal line around 20:30 ET, confirming a bullish momentum shift. However, RSI reached overbought territory above 65 as of the 05:45–06:00 ET timeframe, suggesting a potential short-term correction or consolidation phase. RSI’s divergence from price during the early morning consolidation also hinted at potential buyer exhaustion.

Bollinger Bands

Volatility expanded significantly during the 22:00 ET–04:00 ET window, with the upper band reaching up to 0.2450. Price closed near the upper band on the final hour of data, suggesting that buyers may be testing the limits of the current bull move. The narrowing of the bands earlier in the session indicated a period of consolidation, which was followed by a decisive breakout.

Volume & Turnover

Volume spiked significantly during the late-night rally, with the largest single 15-minute volume spike at 22:30 ET, where 7,849,753 HBAR were traded. Notional turnover also spiked during this hour, confirming the breakout with large notional value. However, volume during the early morning consolidation was relatively lower, indicating reduced buying pressure and a potential pause in momentum.

Fibonacci Retracements

Applying Fibonacci levels to the 0.2329–0.2462 move, the 61.8% retracement level at ~0.2430 was tested and held, before price broke above it. The 78.6% retracement (~0.2450) is now in focus as the next potential target or resistance level. The 0.2395–0.2400 range is also key as it coincides with the 50% retracement and multiple previous support levels.