Is Hedera Poised for a Rally? What HBAR's Latest Chart Action Reveals

The technical picture for Hedera (HBAR) is turning decidedly more constructive. After weeks of downward pressure, the token has managed to slice through a resistance trendline that had constrained it since November—and market participants are taking notice. Trading near $0.11–$0.13, HBAR is now testing terrain that previously fueled substantial upside moves, raising questions about whether a meaningful recovery could unfold.

The Trendline Breakthrough That Changes the Game

The most significant development is HBAR’s move above its descending trendline, a technical event that typically precedes directional shifts. Observers like technical analyst Aman highlighted this crossing on the 4-hour timeframe, noting how price action has transitioned from lower rejection bounces to a steadier climb. The character of the chart has shifted—instead of grinding lower, it’s now displaying the kind of structure that typically attracts fresh buying interest.

This isn’t yet confirmation of a complete trend reversal, but it represents the kind of chart setup traders find encouraging. Momentum indicators have stabilized, and the selling pressure that dominated recent weeks appears to have subsided.

A Historic Support Zone Returns to Focus

Adding credibility to the bullish case, trader LSTRADER observed that HBAR has returned to a price corridor—roughly between $0.12 and $0.14—where it previously staged a remarkable 140% advance. This isn’t coincidental; historically significant support zones tend to draw buyers when revisited. The fact that HBAR is now holding this area while simultaneously breaking above its trendline creates a compelling risk-reward setup in the eyes of swing traders.

Every previous bounce from this zone attracted accumulation, suggesting it carries real psychological weight in the market. If buyers continue to defend these levels, it could serve as a launchpad for the next leg upward.

Where Could the Rally Target?

Should momentum sustain and volume remain supportive, the first near-term target appears around $0.18. Extending further, the next major overhead resistance cluster sits near $0.38—the very zone where the previous 140% rally ultimately capped. While reaching that level isn’t guaranteed, it illustrates the chart’s potential range if market sentiment rotates decisively bullish.

A healthy consolidation or even a minor retest of the broken trendline would be normal before any substantial advance. The critical condition is maintaining support above the now-broken downtrend, which would preserve the constructive technical narrative.

Key Metrics to Monitor Ahead

Traders should watch for higher swing lows, expanding trading volume, and sustained price stability above $0.13. These would reinforce the bullish premise. Conversely, if HBAR dips back beneath the trendline, the upward momentum could rapidly deflate. Currently, the setup is presenting the type of structure that attracts technical buyers—a zone of historical support, a broken resistance trendline, and emerging upside structure. Whether Hedera executes another meaningful rally may depend on whether the market can defend these newly reclaimed levels.