HBAR Teeters at Make-or-Break Support—42% Rally in Play if Bulls Step In

Hedera’s native token flirts with critical support—a bounce here could send it soaring nearly halfway back to former glory.

Market watchers eye the charts: Technicals hint at a potential liftoff if buyers defend this level. But let’s be real—crypto ’support’ has about the same reliability as a Wall Street analyst’s price target.

One thing’s certain: In a market where ’fundamentals’ often mean meme potential, HBAR’s enterprise blockchain cred might actually matter for once.

Key technical points

• Fibonacci & VWAP Confluence: Price is reacting at the 0.618 Fibonacci retracement and VWAP support.
• Oversold Conditions: Lower timeframes are oversold, suggesting exhaustion of selling pressure.
• $0.265 Daily Resistance: Target level for the potential bounce, offering a 42% upside from current price.

This support zone is far from arbitrary. The 0.618 Fibonacci retracement, often viewed as a key level in trending markets, aligns precisely with the VWAP (Volume-Weighted Average Price) support, a dynamic indicator closely watched by institutional traders. This overlap creates a compelling technical base for a potential bullish continuation, assuming the zone holds.

The setup is forming in textbook fashion: price bleeds slowly into support, momentum wanes, and now the next MOVE depends on volume. An influx of buyers at this level could quickly shift momentum back to the upside and begin a rotation toward the $0.265 resistance. This area marks the next structural level and aligns with previous daily supply zones.

So far, nothing about the current retracement invalidates HBAR’s bullish trend. On the contrary, the confluence of technical support, declining volume, and oversold readings suggests the pullback is a technical correction rather than a trend reversal. The bullish structure remains intact, and continuation is favored—provided the current zone is not breached.

What to expect in the coming price action

As long as HBAR holds above this critical confluence zone, a bounce toward $0.265 remains the most likely outcome. A confirmed reaction with increasing volume WOULD signal a strong bullish reversal and a continuation of the prevailing trend.