HBAR Technical Analysis Feb 1
The post HBAR Technical Analysis Feb 1 appeared on BitcoinEthereumNews.com.
HBAR’s current price is at the $0.09 level, positioned just above the critical support at $0.0839. It was rejected from the nearby resistance at $0.0994 and downward momentum prevails. Current Price Position and Critical Levels HBAR is trading at the $0.09 level with a 5.71% drop in the last 24 hours (range: $0.08 – $0.10). The overall trend is downward; the price remains below EMA20 ($0.11) and the Supertrend indicator is giving a bearish signal. RSI at 29.30 is near oversold territory, but volume is limited at $185.91M. 10 strong levels were identified across multiple timeframes (1D/3D/1W): 2 supports/1 resistance on 1D, 1 support/3 resistances on 3D, and 2 supports/3 resistances confluence on 1W. The price is within a broad descending channel and downward liquidity hunting continues. In this position, if the $0.0839 support breaks, downside target opens to $0.0469 (score 22/100); if it holds, upside to $0.1350 (score 10/100) may come into play. Risk/reward ratio exceeds 1:2 if support holds. Support Levels: Buyer Zones Primary Support $0.0839 (Score: 73/100) – This level stands out as the most critical buyer zone. Reasons: Strong confluence on 1D and 1W timeframes (order block and demand zone). Historically tested twice in November 2025, with high-volume bounces each time (volume spike increased 40%). It aligns with Fibonacci 0.618 retracement on the 3D chart, just above EMA50 ($0.0842). As price approaches here, the bottom structure of the 2025 Q4 decline wave could repeat; rejection probability 73%. This level is a liquidity collection point for big players (smart money) – ideal for stop-loss hunts. Secondary Support and Stop Levels $0.0920 (Score: 61/100) – Just above the current price ($0.09), one of the recent 24-hour lows. Short-term support; aligns with swing low and volume profile POC (Point of Control) on 1D. Shown 61% success rate in three…
Filed under: News - @ February 1, 2026 2:26 am