HBAR Bulls Nowhere in Sight – Where’s the Bottom?HBAR had an incredible bull run from November 2024 to mid-January 2025, rallying for 74 days and gaining +865%, moving from $0.0416 to a high of $0.40139. However, since then, the market has reversed, entering a 73 day downtrend and dropping -58% from its peak.
Now, the big question is: where is HBAR heading next? Let’s break down the key resistance and support levels and map out potential high-probability trade setups.
Current Market Structure – Bears in Control
HBAR is trading at $0.16765, just below a key low at $0.17721, which it must reclaim to show any bullish strength. Several critical resistance levels lie ahead:
🔴 $0.18 - $0.20 Zone: Previously strong support, now acting as resistance
🔴 Weekly Level at $0.18375 – A significant resistance zone
🔴 Monthly Open at $0.21352 – Bulls must reclaim this to regain momentum
🔴 Weekly 21 EMA at $0.20 & 21 SMA at $0.2348 – Price is trading below both, a bearish sign
🔴 200 EMA/SMA Lost – Another bearish indicator
🔴 0.618 Fibonacci Retracement at $0.17904 – This level was lost, further confirming the bearish trend
📉 Conclusion: As long as price remains under $0.18-$0.20, the trend remains bearish, and there is no sign of reversal yet.
Where Could HBAR Go Next? Finding the Next Support Levels
If HBAR fails to reclaim the key resistance levels, price could continue dropping toward the next major support zone. Here’s where the next support zone is:
🟢 0.786 Fibonacci Retracement at $0.1186 – A key potential target
🟢 Weekly Support at $0.1259 – Close to the 0.786 Fib level, adding confluence
🟢 Monthly Support at $0.1145 – Further strengthening this zone
🟢 Log Scale 0.5 Fib Retracement at $0.12923 – From the full bull run, adding another layer of support
🟢 21 Monthly EMA at $0.132 & 21 Monthly SMA at $0.1079 – These levels align perfectly with the other supports
🟢 Fib Channel Lower Support (April 4th - 9th) – If price drops to $0.12 during this time window, it aligns with the lower channel support line
📉 Conclusion: A strong support zone lies between $0.132 - $0.1079, where buyers could step in for a potential bounce.
Potential Trade Setups
📌 Long Setup (High Probability Reversal Zone)
Entry: DCA around $0.12
Stop Loss: Below $0.098
Target: $0.166
Potential Gain: +40%
R:R Ratio: 2:1 or better
🔹 If price regains $0.18-$0.20, we can look for long opportunities.
📌 Short Setup (For Those Already Shorting from Higher Levels)
Take Profit Target: Between $0.14 - $0.12
Stop Loss: Above $0.20
Market Outlook
With HBAR currently in a bearish trend, we have clearly defined key support and resistance zones and potential trade setups. The next few weeks will be crucial, as price either reclaims $0.18-$0.20 (bullish case) or drops further toward $0.12 (where a strong bounce could happen).
📢 Patience is key! Let the setup come to you and don’t force trades. Always manage risk properly.
What are your thoughts on HBAR’s next move? Leave a comment below! 🚀