• HBAR has broken out of a rising flag pattern (bullish) on the 2-day chart, signaling a possibility of an extension of the trend.

  • The token currently faces resistance at $0.2076, with support established near $0.1972

  • A sustained breakout could push HBAR toward a projected target around $0.4240, contingent on volume and broader market strength.

Hedera Hashgraph’s native token – HBAR – is attracting renewed interest from technical analysts after a confirmed breakout from a long-standing bullish flag pattern on the 2-day chart. The action has come at a time of a negligible rise in price and a testing of a key technical resistance level.

https://twitter.com/ZAYKCharts/status/1921081823154638902

With the breakout now underway, some market observers are beginning to monitor price action closely for signs of a sustained bullish wave. Although projections are still speculative, the setup has been referenced as being an indicator for a wider market shift.

HBAR Breaks Out with Bullish Flag, Eyes Over 100% Upside Potential

As of May 10, 2025, HBAR was trading around $0.2075, representing a 4.5% increase over the past 24 hours. The price has decisively broken out above the descending channel which was confining it since early 2025 and has developed the technical trader’s identified bullish flag pattern. These are usually indicative of continuation trends after a sharp ascent, which HBAR demonstrated in late 2024.

The chart also suggests a potential price target near $0.4240 if the breakout momentum is maintained. That target would be greater than 100% above current levels. Analysts warn, however, that such forecasts rest too heavily on follow-through volume and larger market conditions.

Support and Resistance Levels in Focus

The immediate support for HBAR has been placed at roughly $0.1972 while the immediate resistance levels about the current price mark is at the level of $0.2076. A prolonged close above the resistance level could provide further validation of the breakout, while any such a pull back below the support zone could question the broken pattern’s integrity.

The narrow 24 hour trading range is an indication that the breakout is yet to be fully accomplished. Over the next few days, such as volume indicators and values of trend strength will be key metrics in determining whether HBAR will follow through the technical setup or resume consolidation.

HBAR Tests Resistance as Breakout Sparks Cautious Optimism

HBAR has remained in the top 20 coins by market capitalization even though ranked #19. The breakout has generated fresh debate on social media, especially about a bigger upward momentum. Optimism is evident yet so is sentiment as a result of continued uncertainty in the bigger crypto markets and appeal to macroeconomic factors in speculative products.

As HBAR price tests critical resistance and the breakout pattern becomes clearer, market participants are evaluating the strength of the present move. Even though some bullish technical signals are giving, most analysts stay alert, hoping for better confirming forces to appear before changing style. The viability of HBAR’s recent breakout as a sustained trend or an indicator of resistance will be determined to a significant degree by short term market reactions and liquidity drivers.