
The cryptocurrency HBAR showed strong performance in the second half of September. From September 14 to 28, the price of HBAR rose by 74.65%, jumping from $0.075 to $0.131. At the time, it seemed that the bulls could hold the price above the $0.107 level set in February and even challenge the December 2025 high of $0.135. However, expectations quickly changed. Following Bitcoin's correction from $87K earlier this month, a short-term bearish sentiment developed in the market. The end of Hitachi's tenure on the Hedera council on September 30 also added selling pressure on HBAR, forcing the price to fully retrace almost 30% of recent gains.
In the last 24 hours, the price of the Hedera token decreased by 2.9%, and open interest dropped by another 4%. The retreat of the bulls below the psychological level of $0.10 has become a concern among long-term buyers. The 78.6% Fibonacci level was breached at the end of 2025, yet the swing structure low at $0.0417 remained untouched. The supply zone of 0.10–0.13 prevented the bulls from breaking out as they had hoped. At the time of writing, the RSI was above the neutral value of 50, and the OBV began to recover. If Bitcoin can resume its movement and instill confidence in cryptocurrencies, it may help HBAR recover to the high of $0.131.
Traders should be cautious. The four-hour swing structure seems on the verge of a bearish breakout. The recent price correction threatens to fall below the September low of $0.088. If this happens, it will confirm a shift in the bearish structure. A good short-term sign of recovery would be an increase in trading volume and a move above the $0.10 resistance. Failure to overcome the supply zone of 0.095–0.10 soon will give sellers more advantages. In conclusion: HBAR erased 30% of last week's gains due to a sharp short-term correction amid a broader market sell-off. The key zone for the bulls remains 0.095–0.10, and a drop below $0.088 will confirm a bearish shift in structure.
This material is prepared solely for informational purposes and does not constitute financial advice or a recommendation.




