The decline has brought HBAR back into the $0.21–$0.20 range — a zone widely viewed by traders as critical support. Market data underscores the tension: activity is rising even as downside pressure builds.
According to CoinMarketCap, HBAR’s total market capitalization has fallen to $9.01 billion, down 1.51% on the day. In contrast, trading volume has jumped sharply to $257.8 million over 24 hours. This spike signals heavier positioning on both sides, further amplified by liquidations.
Over the last day, $137,170 worth of positions were liquidated. Long traders took the brunt of losses at $97,930, while shorts accounted for $39,240. This imbalance points to stress on buyers, with forced exits adding to the downside move.
The setup leaves HBAR finely balanced between resilience and vulnerability. With volumes rising and liquidations pressuring bullish momentum, the $0.21.4–$0.20 zone has become the focal area for market participants. The core question: will support hold or give way under pressure?
Amid this, there are also positive signals. On-chain, contract addresses linked to BlackRock, State Street, Aberdeen, and Libre were spotted on RWA_xyz, fueling speculation that billions in tokenized assets could eventually flow through Hedera. This institutional angle strengthens the project’s long-term outlook despite short-term volatility.
🔥 Just In: This is going to be HUGE for $HBAR
— Mark (@markchadwickx) September 28, 2025
Contract Addresses for BlackRock, State Street, Aberdeen and Libre among others now listed on RWA_xyz
We could be very close to seeing $BILLIONS+ Tokenized On $HBAR
Nice catch cp476 🫡 https://t.co/sxMPYjxWzn
HBAR’s $0.20 support: break or bounce?
In early September, HBAR broke out of a falling wedge formation near $0.23, which many traders interpreted as a reversal signal. The price climbed to $0.25, a 10% gain. However, momentum stalled at the $0.25–$0.24 resistance area, aligned with the 50% Fibonacci retracement, and the asset slipped back to $0.20.
HBAR is now retesting the wedge’s former resistance line, which has flipped into support across the $0.21–$0.20 range. Buyers stepped in, forming a retest pattern.
Traders often view such retests as precursors to continuation. For HBAR, the $0.21–$0.20 zone has become a potential long-entry region.
If buyers defend this level, the first target is the 23.60% Fibonacci retracement around $0.22. Clearing that could reopen the path to the $0.25–$0.24 resistance, with further upside toward $0.28 or even $0.30 — levels last seen in July.
However, the optimistic scenario hinges entirely on holding above $0.20–$0.21. A breakdown would hand control back to bears, potentially pushing HBAR deeper below $0.20 and unwinding September’s gains.
Indicators point to a market in transition
Technically, the market is in a transitional phase. The Relative Strength Index (RSI) stands at 40.24, indicating a bearish trend. But its rise off a 34.86 low suggests waning selling pressure and room for recovery.
The MACD is telling a similar story. The line is still in negative territory at –0.00574, sitting under the signal line at –0.00392, but the gap is closing fast. Add to that the fading red bars on the histogram creeping back toward zero — often the first sign a trend flip could be near.
Meanwhile, open interest has flattened around $368 million. That points to quiet volatility and little appetite for fresh derivatives bets. In other words, the market is in wait-and-see mode, with traders holding back until a clear signal emerges.
Conclusion
HBAR is right on the edge. On one side, sellers and liquidations keep the pressure on. On the other, indicators hint the bearish grip may be slipping. The $0.21–$0.20 support band is the battleground. Hold it, and we could see a bounce. Lose it, and the slide deepens. The next few sessions will tell the story.