Market Overview for Hedera/Tether (HBARUSDT) on 2025-12-28

Summary
• Price consolidated between 0.1150–0.1166 with a bullish 12:30 ET breakout above 0.1160.
• RSI shows moderate momentum with no overbought/oversold signals.
• Volume surged during key 06:30–08:30 ET rally, confirming the upward move.
• Bollinger Bands tightened before the breakout, suggesting a breakout scenario.
• Fibonacci levels at 0.1155 and 0.1163 appear relevant for short-term direction.

Market Overview

Hedera/Tether (HBARUSDT) opened at 0.1152 on 2025-12-28 (12:00 ET − 1), reached a high of 0.11673, and closed at 0.11623 at 12:00 ET. The pair traded between 0.11504 and 0.11673. Total volume amounted to 10,700,325.0, with notional turnover of 1,210,084.97 USD.

Structure & Candlestick Formations

The price action featured a bullish breakout pattern at 06:30 ET, followed by a series of higher highs and higher lows through 08:30 ET. A strong bullish engulfing pattern was visible around 08:30–08:45 ET as the price moved decisively above 0.116. Later in the session, a small bearish divergence emerged after 15:00 ET, but the trend remained intact.

Moving Averages

On the 5-minute chart, price consistently traded above the 20-period and 50-period SMAs for much of the session, reinforcing short-term bullish momentum. On the daily chart, HBARUSDT remains above the 50 and 100-day SMAs, suggesting a broader uptrend is in place.

Momentum Indicators: MACD & RSI

The MACD crossed above the zero line in the morning and remained positive throughout, with a narrowing histogram signaling a consolidation phase. The RSI reached a peak near 60–65, indicating moderate bullish momentum without entering overbought territory, suggesting there’s room for further upward movement.

Bollinger Bands

Bollinger Bands contracted between 04:00–06:00 ET, pointing to a period of low volatility that was followed by a breakout above the upper band at 06:30 ET. The price has since remained within a reasonable range, suggesting the breakout was genuine but not yet a full continuation pattern.

Volume and Turnover

Volume spiked during the 06:30–08:30 ET rally, especially around the 08:30–08:45 ET time frame, confirming the strength of the breakout. Turnover mirrored the volume profile, with the largest notional value transacted between 08:30–08:45 ET, supporting the price action.

Fibonacci Retracements

Applying Fibonacci to the 12:30–08:30 ET move, key levels at 0.1155 (38.2%), 0.1159 (50%), and 0.1163 (61.8%) have provided clear support and resistance. A break above 0.1163 could trigger a test of the 0.1166 level, which was briefly touched near the end of the session.

Looking ahead, HBARUSDT appears poised to test key resistance around 0.1163–0.1166, with a potential for a short-term continuation if the 0.1163 level holds. However, investors should remain cautious, as a failure to maintain above 0.1155 could signal a reversal toward lower support levels.