The post Hedera Price Maintains Range Near $0.27 With Breakout Signal Developing appeared on BitcoinEthereumNews.com.

Hedera (HBAR) price action is drawing heightened attention as it hovers near the critical resistance range of $0.26 to $0.30, a zone that has historically capped upside momentum. After a sharp rally to this level, HBAR faced rejection, triggering a pullback that sent the price to $0.27. The sell-off marked a 5.57% daily decline, with rising volume suggesting increased bearish pressure. Despite this retracement, analysts are closely watching for a potential bullish reversal setup emerging on lower timeframes. Technical analysts, including Bonacci and Crypto Joe, have identified key structural patterns that may shape HBAR’s next move. A double bottom has formed near $0.265, and a break above $0.273 could validate a short-term recovery. As the price consolidates, all eyes are on whether HBAR can reclaim key levels or continue to slide. Hedera Price Maintains Range Near $0.27 With Breakout Signal Developing Hedera (HBAR) is currently holding within a tight price range around $0.27, following a brief decline of 5.57% over the past 24 hours. The recent pullback began near $0.285 on July 28 and extended steadily lower throughout the day. The downward move was accompanied by increased sell-side volume, totaling more than $540 million in daily trading activity, indicating strong participation during the move. Source: BraveNewCoin Despite the short-term dip, HBAR has not broken below key support at $0.265, a level that traders are closely monitoring. The early session of July 29 showed signs of price stabilization, although HBAR remained capped beneath $0.275. Market participants await confirmation of a base or further decline, depending on buy-side momentum near current levels. Resistance Zone Retested as Supply Remains Active According to analyst Bonacci, the current price behavior of Hedera remains in line with previously defined technical zones. The daily chart reflects a retest of the upper resistance range between $0.26 and $0.30,…

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Filed under: News - @ July 29, 2025 6:29 pm