Hedera HBAR Shows Bullish Reversal Signals, Potential $0.25 Surge in Sight
Hedera (HBAR) is displaying signs of a bullish reversal, with traders targeting a potential rise to $0.25. The weekly chart indicates reduced volatility and a rebound in open interest, reflecting growing trader confidence.
Between June 6 and June 10, 2025, HBAR/USD experienced sharp intraday swings, dropping to $0.1600 before quickly recovering. This volatility coincided with a surge in open interest, suggesting bearish derivative positions were opened during the dip. The swift recovery points to strong buyer interest.
By June 7, an uptrend emerged, marked by higher lows and highs, peaking at $0.1802 on June 9. Open interest rose steadily to 3.331 million, indicating organic buying pressure rather than Leveraged speculation—a sign of sustainable price movement.
A slight pullback occurred by June 10, but the alignment of spot price action and derivative metrics highlights healthier market conditions. Traders now await confirmation of the bullish reversal, with $0.25 as the near-term target.