Hedera (HBAR) Market Pullback: Bullish Flag Signals High-Impact Rally Toward $0.40
HBAR's recent dip isn't a retreat—it's a reload. The chart paints a classic bullish flag pattern, suggesting the pause is just momentum gathering for the next leg up.
Technical Setup: The Consolidation Engine
That tight trading range following a sharp upward move? That's the flag. It signals strong hands holding positions while weak hands get shaken out. Volume typically contracts during this phase, then explodes on the breakout. The measured move target from this pattern points squarely toward the $0.40 zone—a level that would mark a significant high for the asset.
Market Mechanics: Why This Pattern Works
Flags work because they reflect a temporary equilibrium between buyers and sellers after a strong trend. The subsequent breakout happens when one side capitulates. Given the preceding bullish structure, the odds favor the upside. It's a game of patience versus panic—and the chart suggests patience is about to pay.
The Bigger Picture: Context is Key
No pattern exists in a vacuum. This potential rally unfolds against a broader backdrop of institutional adoption and network utility growth for the Hedera network. The target isn't just a number; it's a test of sustained market conviction. Reaching it would require a decisive break above recent consolidation highs, backed by increasing volume—the kind of move that turns watchers into believers.
Final Thought: In a market obsessed with instant moonshots, the disciplined setup of a bullish flag is a refreshingly old-school signal. It's technical analysis doing what it does best: mapping the psychology of greed and fear onto a price chart. Now we see if the pattern holds—or if it becomes just another pretty drawing for the finance bros to explain away.
Hedera Holds Bullish Flag Support
A prominent analyst, Jonathan Carter, highlighted that Hedera is responding to the downside of a bullish flag on a 3-day chart. He observed that the zone has served as a support level. He explained that the structure is active as long as the boundary exists.
Carter identified several upside objectives in case momentum rebounds. His levels are $0.14, $0.18, $0.23, $0.30, and $0.39. He said that the increasing volume favors the pattern continuation as long as the buyers apply the pressure.
Moreover, another analyst, Trading Pro, mentioned the price response around the lower trendline of the same pattern. He noted that an established bounce can extend the current recovery effort. He further added that there is a possibility of movement toward $0.40 as long as the structure remains intact.
RSI and MACD Signal Early Shift in Market Momentum
From a technical perspective, the Relative Strength Index now stands at 51.81 with the signal line at 45.97. The indicator lacks overbought or oversold. It indicates the neutral market conditions following the recent changes in prices.
The MACD value is indicating the beginning of a shift in momentum. The MACD line is at 0.00290, the signal line is at -0.00021, and the histogram is at -0.00311. Such numbers represent an emerging trend with both buyers and sellers striving to find direction.
Trading Volume Rises as Open Interest Decline
CoinGlass data shows that the trading volume increased by 4.18% to $357.35 million. The open interest decreased by 12.09% to $123.72 million. The OI-weighted funding rate stands at 0.0070%.
During the downward period, there was an increase in liquidations. In the last 24 hours, total liquidations were at $734.04K. Long positions comprised $661.72K. Short liquidations amounted to $72.32K. This data shows that long traders had the majority of the impact as the price moved down.
Hedera has already reached a critical technical area, prompting traders to monitor whether the bullish flag can hold and whether market activity will stabilize in the upcoming sessions.
