Market Overview: Hedera/Tether (HBARUSDT) 24-Hour Performance

Summary
• HBARUSDT formed a bullish engulfing pattern near $0.1105 and tested key resistance at $0.1140–$0.1150.
• Price broke above the 20-period MA, with MACD and RSI showing growing momentum but not yet overbought.
• Volatility expanded in late trading, with HBARUSDT rising 3.8% in the last 5 hours and turnover surging.

At 12:00 ET − 1 on 2025-12-21, HBARUSDT opened at $0.11143 and traded between $0.11029 and $0.11604, closing at $0.11567 by 12:00 ET on 2025-12-22. Total volume was 52.9 million HBAR, with a turnover of approximately $6.02 million.

Structure & Key Levels

Price action showed a significant bullish reversal near $0.1105–$0.1112, with a bullish engulfing pattern forming as sellers failed to hold above that level. Resistance emerged at $0.1140–$0.1150, where price consolidated briefly before breaking out decisively in the last 4.5 hours. Support is now expected at $0.1132–$0.1137, , with a potential retest likely.

Momentum & Indicators

MACD showed a positive crossover and increasing bullish divergence, while RSI climbed into the 55–60 range, suggesting rising momentum without overbought conditions. Bollinger Bands widened in the final 6 hours, reflecting growing volatility and confirming the breakout above the upper band.

Volume & Turnover Trends

Volume surged past 1.2 million HBAR in several 5-minute intervals in the 16:00–17:00 ET window, confirming the upward breakout. Turnover spiked alongside price, with no divergence observed between price and volume, indicating strong buyer conviction.

Looking ahead, HBARUSDT appears poised to test the $0.1165–$0.1170 area, , with a potential pullback into the $0.1140–$0.1150 zone expected for consolidation. Investors should remain cautious of a potential pullback to key support levels in the next 24 hours, particularly if volume starts to contract.