Journalist
Posted:
Source: X
Bulls eye a breakout
HBAR’s recent move off its $0.21 base has caused optimism among traders, with early signs of recovery. The RSI climbed closer to neutral, while the MACD hinted at a possible shift in momentum.
Source: TradingView
Javon Marks shared a bullish outlook in an X post, noting that Hedera could be lining up for a 123% rally toward the $0.504 mark.
A breakout above that level, he added, could even open the path to the psychological $1 zone.
Source: X
While this projection may sound ambitious, the charts suggest that HBAR is slowly building strength. If buying pressure holds, the next big move might not be far away.
Derivatives data shows caution
HBAR’s derivatives market has started to show a more constructive tone.
Open Interest climbed back to around $155 million; renewed activity from traders.
At the same time, Funding Rates stayed positive at 0.0121, indicating that most market participants continue to lean long rather than short.
Source: Coinalyze
Traders are willing to bet on further upside, but without the kind of overheated leverage that usually precedes sharp corrections.
If momentum in spot markets aligns with these steady derivatives flows, HBAR could find the fuel it needs for a stronger push.
