HBAR Price Still in Bear Claws — Here’s How It Might Just Squeeze Its Way Out
Hedera (HBAR) value has slipped about 1.2% in the final 24 hours, buying and selling close to $0.186. Despite the every day drop, it’s nonetheless up 7.7% this week and almost 9% this month. On paper, it seems regular — however beneath the floor, the chart nonetheless signifies bearish stress.
Yet, quantity and positioning knowledge trace that this setup may be near turning.
Buying Pressure Quietly Builds Beneath the Surface
While HBAR’s structure remains below stress, courtesy of the descending triangle sample, two key alerts point out that patrons haven’t stepped away.
The On-Balance Volume (OBV) — a metric that tracks whether or not buying and selling quantity helps value course — has repeatedly led to a value bounce each time it closed in on its descending trendline since early October. These rebounds on October 1, October 29, and November 10 point out that patrons proceed to enter on dips, although breakouts have failed to date.
If OBV climbs previous 12.1 billion, it might mark the primary clear trendline breakout in weeks. That would affirm actual shopping for power returning to HBAR.
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The Smart Money Index (SMI) — which follows early investor habits — additionally helps that view. The SMI’s inexperienced line nonetheless sits barely above the sign line, which means exercise and cash circulate haven’t vanished. The SMI even managed to interrupt its descending trendline on November 10. Yet, it didn’t set off a robust HBAR value bounce.
If each OBV and SMI break and keep above their respective trendlines collectively, it might affirm that knowledgeable merchants are rebuilding positions. That can be a key sign that HBAR might be preparing for its squeeze second, defined subsequent.
Short Bias Sets the Stage for a Potential Squeeze
The Bybit 30-day liquidation map exhibits simply how unbalanced the market has grow to be. Short liquidations whole almost $14.41 million, in contrast with solely $6.81 million in longs — greater than a 110% bias towards shorts.
That one-sided positioning creates a basic short-squeeze state of affairs. If the HBAR price manages to move between $0.18–$0.22, merchants on the brief aspect may very well be pressured to cowl, including much more shopping for stress.
If this squeeze aligns with an OBV breakout, the transfer may acquire velocity quick — concentrating on the important thing resistance zones, defined in the subsequent phase.
Key HBAR Price Levels That Could Define the Escape
For now, HBAR remains inside the same tight range it’s held since late October. Plus, the sample that it trades in is bearish — the descending triangle.
The first key degree to clear is $0.196, which has rejected each push since November 10. That would imply a bearish sample invalidation.
Above that, $0.206 turns into the breakout pivot — a detailed past it may flip the short-term bias to bullish and open the door to $0.233. Crossing $0.206 would even liquidate a large quantity of shorts, furthering the squeeze speculation.
On the draw back, $0.173 is the make-or-break line. A every day shut beneath that may erase the squeeze setup and preserve HBAR firmly in bearish territory. That would even expose $0.154.
For now, HBAR remains to be in the bear claws — but when quantity, good cash, and brief positions align, it’d lastly squeeze its means out.
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