Hedera’s HBAR Surges From $0.096: Is a Breakout to $0.209 Next?

HBAR rockets off a key support level—traders are now eyeing a major resistance target.

After bouncing hard from $0.096, Hedera's native token is showing serious momentum. The move has ignited chatter across crypto forums and trading desks: can this rally sustain itself and punch through the $0.209 ceiling?

The Technical Picture

That bounce wasn't subtle. It represents a classic 'springboard' effect off a psychologically significant price floor. Now, the path to $0.209 is the only chart pattern anyone's talking about. Volume confirms the move, suggesting this is more than just a fleeting pump.

Market Sentiment & The Road Ahead

Bullish momentum feeds on itself. Each green candle builds conviction, attracting more capital and squeezing out short-term doubt. The real test comes at higher price levels, where previous sell-offs have occurred. Breaking past those will require sustained buying pressure—the kind that turns a good story into a great trade.

Of course, in crypto, a 'sure thing' is just a narrative waiting for a correction—usually right after you've hit 'buy.' The climb from here won't be a straight line, but for now, the bulls are firmly in control.

HBAR Price Faces Bearish Trend Challenges

According to crypto analyst @Finora_EN, HBAR on the 4H chart is in a strong bearish trend, defined by consistent lower highs and lower lows. The price has repeatedly faced rejection from key supply zones, especially around $0.148–$0.153 and $0.128–$0.132, indicating heavy selling pressure and a lack of sustained bullish momentum.

The recent rise on the $0.106-$0.110 support levels indicates short-term interest, although there is still a correction happening. The current $0.116-$0.118 levels will definitely be a key point. Failure at this point may cause another drop, or there could be a rise through the higher support levels.

Technical Levels and Key Support Zones

Additionally, HBAR is currently trading below key moving averages, including the 20 SMA at $0.124, 50 SMA at $0.158, 100 SMA at $0.191, and 200 SMA at $0.209. The bearish trend is strong in the sense that it has been creating lower highs and lower lows since October.

HBAR’s strong rebound of 11.31% after touching the lower Bollinger band of around $0.096 indicates a relief rally. However, the fact that the price is resistant to the 20 SMA and the Bollinger middle band at around $0.124 indicates that the market momentum is not fully reversed.

Traders will want to note the levels of resistance between $0.152 and $0.158, and then more formidable levels at $0.190 and $0.209. On the downside, the levels of support are at $0.105 and then $0.096, while a breakdown below $0.080 will have serious consequences. Above $0.158 WOULD indicate a strengthening trend.