HBAR is back at a multi-year support line that analysts have tracked on the weekly chart since 2020, and the $0.10 to $0.13 range is now being highlighted as the market’s main buy zone. On the chart, this area brings together several technical factors at once: historic support, a retest region after a breakdown, and the base of the long-term trend.
Weekly chart draws attention back to the long-term trendline
In earlier market cycles, sharp declines in HBAR repeatedly met strong demand near this trendline, helping the asset hold its broader structure even during volatile periods. After its strong rally in 2021, HBAR moved into a prolonged correction and surrendered much of those gains. As that pullback developed, price action tightened and volatility eased, forming what analysts describe as a falling wedge.
Analysts are also watching the Relative Strength Index, which has dropped into the mid-30s. That zone has previously lined up with periods where recovery signals started to appear. HBAR is the native token of the Hedera network, an enterprise-focused distributed ledger known for fast transaction validation.
Why the $0.10-$0.13 band stands out
The $0.10 to $0.13 area is not only close to long-term support. Analysts say it also overlaps with the accumulation region seen in 2022 and 2023, when HBAR traded sideways for an extended period. With multiple technical references converging there, the band has become the clearest level to watch in the current setup.
If buyers can defend current levels, the first recovery objective sits in the $0.18 to $0.20 range. A successful move through that area would shift attention to $0.25 to $0.30, which analysis describes as the next major resistance zone based on past price behavior.
Short-term chart remains cautious below resistance
The shorter-term picture is less constructive. MCO Global says the four-hour chart is showing a bearish Elliott Wave structure, and HBAR has remained below a descending trendline for a considerable period. That points to sellers keeping the upper hand in the near term. The firm identifies $0.088 to $0.102 as a strong resistance zone.
If HBAR fails to break above that band and drops below $0.072 to $0.073, the analysis points to a deeper decline toward $0.05 to $0.045. On the other hand, the risk of renewed downside would start to ease if price can establish itself above $0.102 to $0.11. Until that happens, short-term rebounds are still being treated as corrective moves rather than a confirmed reversal.