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HBAR Crypto Eyes Breakout As Price And Liquidity Tighten

Key Insights:

  • HBAR was trending in a narrowing wedge formation with upper and lower boundaries reinforcing resistance and support.
  • The HBAR liquidation map demonstrated that the point at $0.1488 was between substantial masses of long and short liquidations.
  • The funding rate remained constant at 0.01% as HBAR price traded at the center of $0.1180.

Hedera Hashgraph (HBAR) has gained traction in the U.S. financial sector. It’s being used to merge traditional finance with emerging crypto systems.

HBAR crypto has been trending within a narrowing wedge pattern. The pattern highlights key resistance and support levels at the upper and lower boundaries.

HBAR Crypto Price Action Analysis

The price was almost $0.1700, close to the composition’s peak, where an explosive breakout was expected. If HBAR crypto breaks through the descending trendline near $0.1750, its momentum could accelerate.

This may push the price toward $0.2500 and $0.3500. The prediction pointed towards a bullish view with past explosive rallies engulfing, as seen at the beginning of 2025.

HBAR crypto price chart | Source: X

On the contrary, a breakdown above $0.1200 would have discredited the bullish position, testing its next support at $0.0880. The traders would pay great attention to the level of $0.1700 to take it back with high volume to ensure that the bullish trend continues.

Wedged resistance at the level of $0.1750 would have slowed the motion in case of a rejection. Provided HBAR crypto holds the support level and moves near the breakout region, there’s potential to go into a massive move. There, the target of $0.2500 and beyond was realistic.

HBAR Crypto Liquidation Map

HBAR crypto liquidation map showed the latest price at $0.1488. It sat between large clusters of long and short liquidations, indicating market tension. Going to its positive side, the maximum concentration of long liquidations was between $0.1500 and $0.1540.

A breakout above the $0.1500 level could trigger a chain reaction of long liquidations. This move might drive HBAR closer to the $0.1560 mark.

This bullish setup was further promoted due to the high leverage density of the $0.1510 -the US city- $0.1530 zone.

However, the downside presented major clusters of short liquidation amidst the $0.1440 and the $0.1400. This signifies strong support. By breaking below $0.1440, the price could cause sequential short liquidations to around $0.1400.

HBAR liquidation chart | Source: Coinglass

The max liquidation fares were hit in the centers at $0.1460 and $0.1516. These were decisive levels for the bulls and the bears.

Anything above the price of at least $0.1488 was positive, helping to support a bullish situation, and the reverse is true. The high liquidity sensitivity on tight ranges validated by the map contributed to the fact that volatility is sharp in the future.

The breakout zone of $0.1500 was still crucial to the bullish continuation. At the same time, buyers had the defensive barrier of $0.1440.

HBAR Funding Rate

The HBAR OI-weighted funding rate chart has generally been neutral to bullish since April 4. Also, spikes from May 7 to May 20 pointed to a greater rate of long speculation.

In recent developments, the funding rate remained constant at 0.01%. On the other hand, the HBAR crypto price was traded at the center of 0.1180.

HBAR funding rate chart | Source: Coinglass

It indicated a tentative optimism but a progression that would not be propelled through leverage. If funding became progressively positive beyond 0.02%, the bullish break of $0.1200 could have been observed.

Nonetheless, a fall to below 0% would have favored bearish force. There was existing neutral funding that foreshadowed the potential volatility spike up or down.

 

lennox gitonga

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lennox gitonga

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