Hedera Hashgraph’s native token $HBAR has confirmed a bullish breakout, breaking free from a multi-week downtrend. The move above the key $0.264 level sparked renewed momentum, sending the price to an intraday high of $0.271. Rising volume and bullish technical signals now suggest HBAR could be positioning for a test of higher resistance at $0.288.
🔍 Key Highlights
Breakout Confirmed: Price exits descending wedge, surpassing July 19 trendline
Volume Surge: Buying activity intensified during breakout
New Support Base: $0.250 now acting as strong foundation
Short-Term Target: $0.28836
Indicator Strength: RSI above 60, bullish divergence on Stochastic Oscillator
📈 Technical Breakdown
1. Breakout From Descending Channel
On the HBAR/USDT chart (Binance), the token broke above its descending wedge pattern and key resistance at $0.264, peaking at $0.27104. This marks the end of the bearish formation that developed since mid-July, with the breakout confirming a potential trend reversal.
The move is supported by:
A clean retest of prior wedge resistance near $0.250, now flipped to support
A strong bullish candle with minimal upper wick, signaling clear buying dominance
A noticeable increase in volume during the breakout, confirming market conviction
2. Indicators Reinforce Bullish Momentum
On the 1-hour timeframe, momentum signals are stacking in favor of continued upside:
Stochastic Oscillator: Reversed sharply from oversold territory
RSI: Climbed above 60, showing bullish divergence and strength
200 EMA: Price closed above the 200 EMA, shifting technical bias upward
These indicators suggest momentum is building and bulls are gaining control.
🧭 Volume Profile & Resistance Levels
Volume profile analysis shows the range between $0.245–$0.264 was a heavy consolidation zone. With price now above this area, HBAR has entered a thinner volume region—typically allowing for faster price movement.
Immediate Resistance: $0.271 (breakout high)
Major Resistance Ahead: $0.28836 (previous swing high)
Key Support: $0.250 (breakout retest and confirmation zone)
A firm hold above $0.271 could pave the way for a run toward $0.288, where a significant horizontal barrier awaits.
📊 Market Sentiment & Structure
Lower timeframe candle structures are strong—closing near highs with little selling pressure. This, combined with the breakout above major EMAs and rising volume, indicates sustained bullish sentiment.
However, if HBAR loses the $0.250 support, it could dip back into consolidation. As of now, bulls remain in control with momentum favoring continued upside.
📌 Outlook: Trend Reversal in Motion?
HBAR’s breakout follows a textbook descending wedge reversal, reinforced by rising volume, bullish divergences, and a reclaim of key moving averages. The setup supports the idea that a larger bullish trend may be unfolding.
Bullish Scenario: Sustained move above $0.271 opens path to test $0.288
Bearish Scenario: Breakdown below $0.250 could trigger short-term pullback
If market sentiment holds, a test of $0.288 appears likely—potentially setting the tone for a broader uptrend in Q3 2025.
