Hedera (HBAR) price is attracting renewed attention following a 55.37% surge over the past month, with analysts evaluating key resistance and support levels. The token climbed from $0.1446 to a local high above $0.30 before retreating to $0.2419.
As the market digests this sharp move, crypto voices are weighing in on HBAR’s next direction. Their analysis offers contrasting short-term strategies based on whether key zones like $0.275 hold or fail.
With HBAR currently trading near $0.24, traders are closely monitoring consolidation patterns and volume strength. Chart trends show possible support forming around $0.238, while resistance at $0.275 remains a pivotal trigger. The broader sentiment remains cautiously optimistic amid strong trading activity and persistent investor engagement.
HBAR Price Holds 55% Monthly Gains but Faces Resistance at $0.275
Hedera (HBAR) has posted a 55.37% increase over the past month, climbing from $0.1446 to a high above $0.30 before retreating to $0.2419. Despite this retracement, many investors have maintained their positions, signaling continued interest in the token’s longer-term performance. The recent uptick has brought attention back to Hedera’s price structure, which continues to trend above the breakout levels recorded earlier in the month.
Source:X
Crypto analyst Gilmore Estates commented on this holding behavior by prompting engagement from those who have not sold their tokens. His statement aligns with HBAR’s current trading posture, where price remains above several short-term moving averages despite recent intraday losses. The broader market appears to be watching for sustained levels above $0.24 to support further gains.
$0.275 Resistance Level Serves as Bullish Trigger
Crypto Tony provided an updated stance on Hedera’s technical setup, stating that he will consider re-entering HBAR if it reclaims the $0.275 mark. The level has served as resistance over recent sessions and previously marked a zone where sellers emerged during past rallies. On the weekly chart, HBAR faced a rejection above $0.29, pulling back nearly 18.59% and closing the week at $0.23746.
Source:X
The analyst emphasized that the inability to close above $0.275 leaves the token vulnerable to further short-term downside. Repeated rejection at the same zone suggests seller interest remains concentrated near this level. For upward continuation, HBAR will need to secure multiple daily closes above the threshold and convert resistance into support.
HBAR Price Consolidates Near $0.24
HBAR is currently trading at $0.24, posting a daily loss of 2.18%. Intraday action opened with a brief push toward $0.252 but encountered resistance that triggered a sharp reversal. The price stabilized within the $0.238–$0.242 range by the end of the session. This range now acts as an interim base as the market reassesses short-term direction.
Source: BraveNewCoin
Volume across exchanges remained robust, with daily activity reaching $587.82 million. Despite the retreat, this steady volume suggests that interest in the asset has not diminished. Traders are monitoring whether the $0.235 support zone will hold in upcoming sessions or give way to further retracement.
Monthly Chart Retains Bullish Structure
Over the 30-day period, Hedera has maintained a series of higher lows, a trend that supports the overall bullish market structure. The rally from the $0.1446 base was fueled by increased market participation and sustained demand near previous resistance levels. Although the recent rejection disrupted short-term momentum, the broader monthly trend remains intact.
Chart data shows multiple consolidation zones along the uptrend, where HBAR paused before making subsequent moves. These zones may offer new areas of support if the price continues to trade below $0.25. For buyers, confirmation of strength will depend on reclaiming key resistance levels while holding above the lower trend supports established earlier in the month.
Source: https://bravenewcoin.com/insights/hbar-price-holds-55-monthly-gains-but-faces-resistance-at-0-275