Hedera (HBAR) Bulls Target $2 Amid Short-Term Market Pressure
Hedera's native token faces headwinds, but long-term believers aren't blinking.
The Short Game: Pressure Mounts
Market sentiment's turned fickle—again. Short-term traders are eyeing exits as volatility shakes out weak hands. It's the classic crypto rinse cycle, where paper gains meet cold, hard reality. The usual suspects are to blame: macroeconomic jitters, regulatory shadowboxing, and that ever-present herd mentality that makes lemmings look like strategic geniuses.
The Long Game: Eyes on the Prize
Meanwhile, the bulls are playing a different game. Their focus is locked past the noise, on a horizon where HBAR challenges the $2 mark. The thesis isn't built on hype, but on Hedera's underlying tech—its hashgraph consensus that promises the holy trinity of speed, security, and fairness traditional blockchains struggle to deliver. Enterprise adoption whispers are growing louder, the kind that moves markets in quiet, sustained waves, not Twitter-fueled tsunamis.
The Bottom Line: Patience vs. Panic
This is the fork in the road every asset faces. One path leads to reactive trading, chasing the ghosts of last week's pump. The other requires the one thing in shortest supply in finance: patience. The network's fundamentals haven't changed; only the price tag has. So, while the short-term crowd frets over the next candle, the long-term play remains clear. Just remember, in crypto, 'long-term' can sometimes feel less like an investment strategy and more like a hostage situation.
Hedera (HBAR) Technicals Suggest Bearish Pressure
The chart indicates that the price is below the mid Bollinger Band (20-week SMA) and is resting on the lower band at $0.131, suggesting bearish pressure upon reaching the support zone at $0.118. The volatility remained on the higher side for the previous year, with peak occurrences at the end of 2024 and the start of the year 2025 and with a considerable peak at $0.35.
Source: TradingView
The RSI (14) is 36.46, close to being oversold, and Momentum (10) is mildly negative at -0.08478, thereby supporting the decline. Both indicators imply that there is short-term bearish market sentiment, as traders await a possible pullback at support levels or a further decline in case the RSI moves below 30 or the price tests support at the lower Bollinger band.
HBAR Could Surge to $1–$2 If $0.06 Support Holds
Moreover, the crypto analyst, Crypto Patel, highlighted that Hedera (HBAR) is hinting at a possible deep retracement while testing the 0.5 Fibonacci support at $0.129.
If a breakdown occurs below this point, the price may likely fall to the 0.618 Fibonacci at $0.098 and then the 0.786 Fibonacci at $0.067 levels, which are perceived as optimal regions for accumulating tokens. Traders are focusing on the $0.100-$0.07 zone for possible entry.
Source: Crypto Patel
The overall forecast is still bullish if the support at $0.06 is maintained, with projections pegged between $1 and $2. Despite possible volatility within the short term, these levels may serve as opportune entry points for traders and investors. Traders and investors should exercise caution tempered with the potential for strong growth for HBAR within the next few months.
Also Read: Hedera (HBAR) Corrects NEAR $0.146, But 350% Market Cap Gain Possible in Altseason