Hedera (HBAR) is showing signs of a significant trend reversal, with its price breaking a crucial resistance level and sparking discussions of a potential 50% upside move. The HBAR price surged 8.12% in a 24-hour period, trading around $0.103 and significantly outperforming a modest 1.6% gain by Bitcoin. This move is attributed to a broader rotation of capital back into altcoins, evidenced by a more than 20% jump in the CMC Altcoin Season Index.
The breakout is backed by a substantial increase in trading volume, which jumped over 90% to $223.5 million, indicating strong buyer conviction. Technical analysis reveals HBAR has broken out from the lower boundary of a long-term downtrend channel that dominated the market from late 2025 into early 2026. The coin is now testing the upper resistance line of that channel, historically a level that has halted all rallies during the downtrend.
A decisive weekly close above the $0.10-$0.105 resistance zone is seen as critical. If achieved and held, analysts project a potential 50% rally from current levels, targeting the next major resistance area near $0.16, which aligns with a consolidation zone from late 2025. Key support to watch is at $0.095; holding above this level maintains bullish structure, while a failure could see a pullback toward $0.088 or $0.078.
Fundamental developments are amplifying the bullish momentum. Global logistics giant FedEx has joined the Hedera Council, a move that has bolstered market sentiment. Furthermore, derivatives data shows Futures Open Interest climbed 9% to nearly $29 million, with Funding Rates flipping positive, signaling aggressive entry by leveraged longs. The price action is also forming an inverse head-and-shoulders pattern, with rising volume into the neckline break strengthening the pattern's validity.
