Hedera (HBAR) Price Nears Key Reversal Zone as Traders Watch $0.18 Breakout Signal

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Hedera (HBAR) is maintaining support near $0.162 awaiting a breakout above the $0.18 level.

Technical charts show a new Death Cross pattern, as the token consolidates between $0.162 and $0.178.

Open Interest remains flat suggesting stable market participation and neutral investor sentiment in the short term.

Hedera (HBAR) trades around $0.17 after recent selling pressure. Traders are watching the $0.162 support and $0.178 resistance as a possible breakout zone while market sentiment slowly starts to stabilize.

HBAR Forms Key Support Zone Amid Bearish Pressure

Hedera (HBAR) is currently testing a crucial support range between $0.125 and $0.165, historically known as a strong accumulation zone. According to X Finance Bull , this is where “legends buy HBAR,” not where panic selling occurs. The post reflects the belief that HBAR’s current structure may favor long-term accumulation over short-term selling.

The pattern was seen in reversals in mid-2023 and early 2024, therefore a sustained move could allow buyers to push prices toward the $0.18–$0.20 resistance band.

HBAR remains in a compression phase, balancing between accumulating demand and persistent bearish pressure. Until a clear breakout or breakdown occurs.

Technical Indicators Turn Cautious as Death Cross Appears

On the technical side, HBAR faces pressure as a Death Cross recently formed — where the 50-day EMA fell below the 200-day EMA. Historically, this signal often precedes short-term weakness, although past instances for HBAR have lasted less than two months before recovery.

A clean break above $0.178 could trigger a rebound toward $0.200, and mark a potential trend reversal.But, failure to hold the $0.162 support will extend losses to $0.154, and earlier demand zones.

Open Interest and Market Sentiment Reflect Investor Caution

Hedera’s Open Interest (OI) has remained flat at approximately $129 million following major liquidations earlier this month. The stagnation reflects an environment, where traders are refraining from long leverage positions.

Nearly $200 million in positions were liquidated in the recent wipe out. This caused a sharp contraction in trading activity, and the lack of rebound in OI suggests that speculative traders are waiting for confirmation before re-entering the market.

For now, Hedera’s narrow trading range and stable OI signal consolidation. A rise in participation or renewed volume could determine whether the next move favors a recovery toward $0.200 or a continuation toward $0.154.

The post Hedera (HBAR) Price Nears Key Reversal Zone as Traders Watch $0.18 Breakout Signal appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

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