Market Overview for Hedera/Tether (HBARUSDT)
Summary
• Price declined from $0.1431 to $0.13596 amid bearish momentum and expanding volatility.
• Volume increased near key support levels, suggesting potential accumulation.
• RSI indicates oversold conditions, but price remains below 20-period MA.
• Bollinger Bands widened after a consolidation phase, highlighting heightened uncertainty.
• Fibonacci levels near $0.1370 and $0.1360 may trigger short-term directional bias.
Hedera/Tether (HBARUSDT) opened at $0.14207 on 2025-12-09 12:00 ET, reaching a high of $0.14327 and a low of $0.13536, closing at $0.13598 by 2025-12-10 12:00 ET. Total volume was 81.34M HBAR, with $11.73M in notional turnover over 24 hours.
Structure & Formations
Price formed bearish
engulfing and hanging man patterns as it dropped below critical support at $0.1390. A potential double-bottom formation is emerging near $0.1360, with a retest of the $0.1380 level likely in the near term. Moving Averages and Momentum
On the 5-minute chart, price closed below the 20-period and 50-period moving averages, reinforcing a short-term bearish bias. The 12-period MACD crossed below the signal line, signaling weakening bullish momentum. RSI has reached oversold territory (~25), suggesting a possible rebound could occur, but a sustained close above $0.1375 would be needed for confirmation.
Volatility and Bollinger Bands
Bollinger Bands expanded as price moved toward the lower band, indicating a surge in volatility. This expansion aligns with the breakdown from $0.1420 and may continue until a new range consolidates.
Volume and Turnover
Volume surged near key support levels such as $0.1380 and $0.1360, suggesting increased activity and possible accumulation. However, the price failed to close above $0.1380 despite elevated volume, indicating mixed conviction.
Fibonacci Retracements
Recent 5-minute swings show $0.1370 (38.2%) and $0.1360 (61.8%) as likely pivot points. A break below $0.1350 could accelerate the downward trend, with the next major psychological support at $0.1350.
HBARUSDT appears to be in a bearish phase, driven by declining momentum and volume confirmation at key levels. A pullback toward $0.1370–$0.1380 could test buying strength, but further weakness into $0.1350 remains a risk. Investors should monitor volume divergences and RSI behavior for early reversal signals.
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