Market Overview for Hedera/Tether (HBARUSDT)

Summary
• Price formed key support at $0.12437 and tested resistance near $0.12932, with bullish momentum visible after 04:00 ET.
• Volume surged during the morning ET downtrend, but turnover failed to confirm the move, suggesting possible exhaustion.
• RSI bottomed near oversold levels, hinting at a potential short-term rebound, though MACD remained bearish.
• Volatility expanded through Bollinger Bands overnight, with price hovering near the 20-period MA on the 5-minute chart.
• A bearish engulfing pattern formed at the top of a 5-minute swing near $0.1290, suggesting near-term resistance is fragile.

Hedera/Tether (HBARUSDT) opened at $0.12792 on 2026-01-06 12:00 ET, reached a high of $0.13003, and a low of $0.12263 before closing at $0.12351 as of 2026-01-07 12:00 ET. Total 24-hour volume was 48,545,651.0 with a notional turnover of $6,396,402.30.

Structure & Moving Averages

Price tested a key 5-minute support at $0.12437 and bounced multiple times above $0.1263, forming a base between $0.125 and $0.127. On the 5-minute chart, the 20-period moving average acted as dynamic support during the morning ET recovery, while the 50-period line remained bearish. On the daily chart, the 50-period MA appears to be a key resistance level ahead.

Momentum and RSI

The RSI hit oversold territory below 30 for several hours during the early morning ET selloff, signaling potential short-term buying interest. However, the MACD remained bearish throughout most of the session, failing to confirm the bounce. The indicator only showed slight bullish divergence as price moved closer to $0.125.

Volatility and Bollinger Bands

Volatility expanded significantly overnight, with price pushing out of the upper and lower Bollinger Bands during the early morning selloff. On the 5-minute chart, the move back into the band centerline near $0.125–$0.126 suggests a possible consolidation phase.

Volume and Turnover

Volume spiked during the early morning ET sell-off, but notional turnover failed to confirm the strength of the move, suggesting some divergence. The highest volume occurred near the 05:00–08:00 ET timeframe as price dropped below $0.127.

Forward-looking, price appears to be consolidating near $0.1235 and could test the $0.125–$0.126 support zone again in the next 24 hours. Investors should watch for a break of the $0.127 resistance level as a potential trigger for a larger rebound. As always, be cautious of diverging volume and momentum signals that could indicate a false recovery.