HBAR Hits a Wall at Key Resistance – Brace for a Pullback to Support Levels

HBAR's rally just got smacked down by stubborn resistance—now traders are eyeing a retreat to safer ground.

Here’s the playbook as the market digests the rejection.

Resistance Holds Firm

The bulls charged, but the bears had reinforcements. HBAR’s latest push crumpled at a critical price ceiling, leaving buyers scrambling. Classic case of ‘buy the rumor, sell the news’—except in crypto, the rumor often *is* the news.

Support or Bust

All eyes now turn to the nearest demand zone. If history rhymes (as it loves to do in these charts), HBAR could soon test lower levels where dip-hunters lurk. Will they hold the line—or get trampled in the stampede?

The Bigger Picture

Another day, another ‘key level’ in the endless casino of altcoin trading. Meanwhile, Bitcoin’s probably off somewhere laughing at the drama. Stay sharp out there.

Key technical points:

• Rejection from Value Area High: Price was rejected from $0.26, flipping former support into resistance
• Lack of Built-Up Support: Impulsive rally left a price vacuum down to the $0.18 level
• Point of Control + Fibonacci Support: Strong confluence around $0.18 could act as base for reversal

From a structural perspective, the price action suggests that HBAR is transitioning into a broader range, with support at $0.12 and resistance at $0.26. The invalidation of $0.26 as support confirms the range-bound nature of the current market. If price continues to close daily candles below this resistance, the likelihood of further downside increases.

The $0.18 level, where the point of control and 0.618 Fibonacci overlap, presents the first major area where bulls could regain control. If HBAR corrects to this zone and manages to build a base, it could FORM a higher low and resume the broader uptrend. However, failure to hold $0.18 opens the door to further downside, likely dragging price back toward the range support at $0.12.

While short-term momentum favors bears, long-term structure remains salvageable if the upcoming correction results in a healthy reset rather than a breakdown. Traders should closely monitor how price reacts to the $0.18 region over the coming days and weeks.

What to expect in the coming price action:

HBAR is likely to continue correcting toward $0.18, where strong support exists. A bounce here could re-establish a bullish structure, while a failure to hold opens the way for further downside toward the $0.12 range support.