Market Overview: Hedera/Tether (HBARUSDT) – September 24, 2025

• Hedera/Tether (HBARUSDT) edged higher in volatile 24 hours, closing near a key resistance level at $0.22327.
• Momentum waned in early hours but regained strength post 08:00 ET with a bullish reversal pattern.
• Total volume surged to over 34.8 million HBAR with a 24-hour turnover of $7.3 million.
• Price remained within a tight range between $0.21637 and $0.22624, with no clear breakouts observed.
• RSI and MACD signaled mixed momentum, with price consolidation hinting at potential directional uncertainty.

Hedera/Tether (HBARUSDT) opened at $0.22327 on September 23 at 12:00 ET and closed at $0.22327 at 12:00 ET the following day. The 24-hour session saw a high of $0.22624 and a low of $0.21637. Total trading volume reached 34.8 million HBAR, with a notional turnover of approximately $7.3 million. Price action remained range-bound, with key support at $0.2205 and resistance at $0.22327 appearing to anchor the 24-hour narrative.

In the 15-minute chart, price formed a bullish reversal pattern between 06:45 and 07:30 ET with a hammer candle and a follow-through rally. The 20-period and 50-period moving averages crossed around $0.2218 and $0.2225 respectively, suggesting a potential base of consolidation. The 50-period line appeared to hold as a support, especially between 19:00 and 21:00 ET, while the 20-period MA crossed above it briefly during the 08:00–09:00 ET window.

The MACD histogram showed a contraction in momentum during the late hours of the session but expanded positively as the price rose after 06:45 ET. RSI fluctuated between overbought (75–85) and oversold (35–45) territory, reflecting oscillatory price action. A bearish divergence appeared around 04:00 ET when RSI topped while price did not, but it was later negated by a strong reversal. Bollinger Bands widened between 04:00 and 07:00 ET, indicating a period of heightened volatility, with price settling inside the upper band by 08:00 ET.

Fibonacci retracement levels for the daily swing (from $0.21637 to $0.22624) identified key levels at 38.2% ($0.2212) and 61.8% ($0.2239), both of which saw price testing within the 24-hour window. Notably, $0.22327 was a recurring level of consolidation, aligning with the 50-period MA. The 15-minute swing from $0.21994 to $0.22103 saw retracement levels at 38.2% ($0.2204) and 61.8% ($0.2207), both of which were respected as temporary supports.

The backtest strategy involves a short-term trend-following setup using a 20/50 EMA crossover and RSI confirmation on the 15-minute chart. A long entry is triggered when the 20 EMA crosses above the 50 EMA and RSI is rising above 40, while a short entry is taken when the 20 EMA crosses below the 50 EMA and RSI falls below 60. Stops are placed at the previous candle’s low for longs and high for shorts, with a target of 2.5% of the entry price.

Looking ahead, HBARUSDT appears poised for a potential breakout attempt above $0.22327, with a strong volume spike observed as price approached that level. A confirmed break above that threshold could signal a resumption of a bullish trend, while a failure to hold above $0.2210 may result in a retest of key support. Investors should remain cautious of divergences in the RSI and potential false breakouts amid high volatility.