Hedera (HBAR) Price Check: Open Interest and Momentum Fade – What's Next?

Is Hedera (HBAR) gearing up for a breakout, or is this just another short-lived bounce? We delve into the price action, open interest, and fading momentum to find out.

Hedera (HBAR) is at a crossroads. Recent price action shows weakness, with open interest and momentum fading. Will HBAR break out, or is it heading for another pullback?

Market Weakness and Fading Momentum

As of July 5, 2025, HBAR trades around $0.153, reflecting a downtrend. Market activity shows weak bullish participation. Volume is skewed towards exits, and open interest hasn't reclaimed earlier highs. This suggests a lack of speculative momentum, according to BraveNewCoin data.

Range-Bound Indecision

Since the late-June rally, HBAR has been range-bound between $0.153 and $0.162, according to Open Interest data. A breakout above $0.158 with rising open interest is needed to confirm a bullish reversal. Failure to hold current levels could see HBAR test $0.146.

Indicators Signal Subdued Strength

The daily chart shows HBAR under downside pressure, trading near the bottom of a sideways structure, according to TradingView. The RSI sits just below neutral, indicating subdued buying strength. The MACD shows a weak crossover, emphasizing that bearish momentum hasn't fully dissipated. HBAR needs to reclaim resistance near $0.165 to escape this uncertain range.

Heikin Ashi Chart and Potential Reversal

Looking at the daily Heikin Ashi chart, HBAR price is around $0.1535, a slight decline on the day but up from last week’s lows near $0.12–$0.13. HBAR found buying support near $0.12, forming a potential double bottom. A breakout above resistance could confirm this reversal signal.

Key Levels to Watch

Immediate support is at $0.12, with strong resistance in the $0.16–$0.17 zone. The next resistance is at $0.20. Breaking above $0.16 could lead to a retest of $0.20. Losing $0.12 may open a path to $0.10 or even $0.05 if panic selling occurs.

Potential Upside

If HBAR rebounds from $0.12 and retests $0.20, that’s a 66.67% gain. A 66% upside is possible if buyers push through the $0.16–$0.17 range. However, failure at $0.16 could see HBAR revisit $0.12. Traders betting on a breakout should use tight stop-losses.

The Verdict

HBAR shows early recovery signs but isn’t confirmed yet. The RSI needs to break above 50, and daily candles must close above $0.16 with volume. For now, Hedera is in a make-or-break zone. If bulls flip $0.16 into support, a summer rally toward $0.20 or higher could happen. Watch for RSI strength, daily closes, and volume spikes to confirm any bullish breakout. The next two weeks will be crucial for HBAR traders and holders alike.

So, HBAR's at a bit of a nail-biter moment, huh? Will it moon, or will it crater? Only time will tell, but keep those eyes peeled and maybe, just maybe, you'll catch the wave. Or at least not wipe out. Happy trading, ya'll!