Hedera Hashgraph (HBAR) faces a decisive moment as it tests key support near $0.16. Analysts highlight critical trendline zones that could determine its next move.
A sustained reclaim above $0.175 may trigger a strong bullish reversal toward $0.35–$0.50, while holding $0.16 remains crucial for long-term stability.
Hedera Coin Trades Near $0.17 as Selling Pressure Persists
Hedera Hashgraph traded near $0.17 after losing more than 4% in the past 24 hours. The token opened the day close to $0.175 before sellers took control, driving prices toward an intraday low of about $0.16. A mild recovery later brought the price near $0.168, though momentum remained weak throughout the session.
HBARUSD 24-Hr Chart | Source: BraveNewCoin
Market data shows that Hedera coin recorded a trading volume of approximately $482.89 million, reflecting moderate activity but limited follow-through from buyers. The recent decline occurred amid broader market weakness, where several altcoins mirrored Bitcoin’s corrective move. Analysts believe short-term traders are booking profits near resistance levels, contributing to continued pressure on the asset.
The current structure shows an emerging support zone between $0.165 and $0.17, an area where buyers have previously defended the price. If the token maintains this range, it may serve as a foundation for a short-term bounce. However, a drop below $0.16 could expose the asset to deeper retracement toward lower support levels that were last tested earlier in the quarter.
Analyst Identifies Key Breakout Zone
According to analyst Don, Hedera coin is positioned near a critical zone defined by intersecting trendlines on the 4-hour chart. Don stated that the token “needs to reclaim above the red line asap,” referring to the ascending trendline that has provided dynamic support in recent months. The green descending resistance line continues to cap upside attempts, forming a compression pattern that has constrained the asset’s movement.
HBAR Chart | Source:x
Don’s projection suggests that once the asset reclaims and sustains levels above this red line, it could initiate a strong reversal. His analysis indicates the potential for a breakout through the descending resistance, which may lead to a multi-stage rally.
The forecasted move could carry the token toward the $0.35–$0.50 range if momentum builds. His model also depicts short-term consolidation before an accelerated rise, implying that a reclaim above $0.175 is the first step toward recovery.
The chart structure shared reflects the importance of the $0.175 level as a pivot zone. Sustaining price action above this point could restore bullish sentiment and attract renewed participation from traders anticipating a larger upward move into 2026.
Analyst Observes Long-Term Channel Support
Analyst ChartNerd noted that the token continues to trade within a broad ascending channel. The token has respected both the rising support and resistance boundaries that define this long-term structure. Current consolidation around $0.16 aligns with the midpoint of the channel, coinciding with major moving averages that have guided the uptrend.
HBAR Chart | Source:x
ChartNerd indicated that holding above the $0.16 area remains crucial for preserving the broader bullish outlook. The level has served as a consistent accumulation zone, with buyers stepping in repeatedly to defend it. A rebound from this base could set up a move toward the upper resistance line of the channel, which projects potential upside targets near or above $1.00 over the next cycle.
Conversely, a breakdown below $0.139 would weaken this formation and open the possibility of an extended correction before another recovery phase develops. The analyst emphasized that stability within the channel supports long-term confidence, provided the ascending trendline continues to act as a structural base for buyers.
Rebound Outlook Hinges on $0.175 Recovery
Analysts maintain that reclaiming the $0.175 level is central to confirming renewed strength in the asset. A close above this threshold could trigger buying momentum toward the $0.18–$0.19 region, potentially shifting sentiment back in favor of bulls. The consolidation pattern observed around $0.17 indicates that accumulation may already be underway, but confirmation will depend on sustained price action above near-term resistance.
If buyers manage to establish control, technical indicators may begin to turn positive, paving the way for broader recovery. Until that occurs, it remains range-bound, tracking Bitcoin’s movements and reflecting wider market uncertainty. Analysts agree that the next few sessions will be critical for determining whether the token can transition from current consolidation to a rebound phase.