Market Overview for Hedera/Tether USDt (HBARUSDT) – 2025-09-10

• Hedera/Tether USDt (HBARUSDT) edged higher in the last 24 hours, showing resilience amid moderate volatility.
• A key bullish breakout attempt above $0.2275 failed, but momentum remains positive.
• Volume surged during the 24-hour period, confirming strength in price consolidation.
• RSI and MACD remain in positive territory, suggesting potential for further upside.

Hedera/Tether USDt (HBARUSDT) opened at $0.22541 on 2025-09-09 at 12:00 ET and closed at $0.23133 at 12:00 ET on 2025-09-10. During this 24-hour period, the pair reached a high of $0.23677 and a low of $0.22478. The total volume was 38,160,992.0, and the total notional turnover was $8,860,677.82.

Structure & Formations

Price action on the 15-minute OHLCV data reveals multiple bullish candlestick patterns, including a bullish engulfing pattern at $0.2275 and a hanging man reversal at $0.23677 during the early afternoon hours. The price found key support at $0.2268 (10:00 AM ET) and $0.2249 (16:30 ET). Resistance levels formed at $0.2275 and $0.2287, where price failed to close above multiple times. A notable bullish harami formed at $0.22702, indicating a short-term consolidation and potential reversal.

Moving Averages

The 20-period and 50-period moving averages (15-minute chart) show a bullish crossover in the early morning hours, supporting the upward momentum. The 50-period moving average is currently at $0.2282, and the 20-period is at $0.2285, forming a golden cross pattern. On the daily chart, the 50-period and 200-period moving averages are in close proximity, suggesting a potential breakout phase may be forming after weeks of consolidation.

MACD & RSI

The MACD remains in positive territory with a histogram showing increasing bullish momentum from the early morning hours. The RSI, while not reaching overbought levels, has remained between 55 and 65 for much of the day, suggesting accumulation under strength. A minor pullback below RSI 50 could indicate short-term profit-taking, but no signs of exhaustion appear in the near-term indicators.

Bollinger Bands

Bollinger Bands have widened significantly during the morning hours, indicating increased volatility. The price has oscillated between the upper and lower bands, with a recent close near the upper band at $0.23133. A break above the upper band could signal a short-term continuation of the bullish trend. The 20-period standard deviation is at 0.0015, suggesting higher-than-average volatility compared to prior days.

Volume & Turnover

Volume spiked during the 14:00–14:45 ET timeframe, where over $3.98 million in turnover was recorded, coinciding with a breakout attempt near $0.23533. The volume profile shows a bullish confirmation of price action as the final 3-hour period saw a steady increase in volume despite a minor pullback. No material divergence between price and volume was observed, indicating strong conviction in the current trend.

Fibonacci Retracements

Applying Fibonacci levels to the recent swing high of $0.23677 and low of $0.22478, the 38.2% retrace level is at $0.2291 and the 61.8% retrace is at $0.2310. Price has bounced off the 61.8% level multiple times, suggesting a key support/resistance cluster between $0.2305 and $0.2315. A close above $0.23677 would target the next Fibonacci extension at $0.2399.

Backtest Hypothesis

A potential backtest strategy could involve entering long positions on a bullish engulfing pattern confirmation with a stop-loss placed just below the 61.8% Fibonacci level at $0.2305 and a target at the next Fibonacci extension at $0.23677. Given the current alignment of technical indicators—MACD divergence, RSI strength, and volume confirmation—this pattern could offer a risk-reward ratio of approximately 1:2.5, assuming no major macroeconomic or market-moving events. A trailing stop could be considered once the price exceeds $0.2330 to lock in gains.