HBAR Builds Momentum in Bullish Flag, Traders Watch Key $0.55 Resistance

HBAR holds strong above $0.22 support, with price compressing in a bullish flag pattern that hints at an imminent breakout.

The flagpole breakout target points to $0.55, while $0.39 remains the first major resistance level for bulls to clear.

Steady volume and RSI near 60 show healthy market interest, keeping HBAR’s overall structure tilted toward the bullish side.

HBAR is showing signs of explosive momentum as the price holds firm above $0.22. With consolidation tightening into a bullish flag, traders are watching closely for a breakout that could propel the token toward $0.55

HBAR Builds Strength Above $0.22

HBAR has spent nearly 40 days locked in a narrow consolidation zone, respecting the $0.22 support like concrete. Price action is compressing within a flag pattern, with higher lows forming against descending resistance.

Source: John Carter Via X

At press time, the token trades near $0.255, showing minor consolidation at the flag’s upper edge. Volume has stayed steady during this phase, with spikes occurring mostly on upward moves. This suggests buyers are active and prepared for continuation.

Momentum indicators confirm the trend.RSI hovers near 60, showing steady market strength without tipping into extremes. This leaves room for fresh momentum, though the chart’s current setup leans more toward the bullish side.

Historical Levels Define the Roadmap

HBAR’s chart shows a strong base between $0.12 and $0.15, tested repeatedly in past downtrends. This range has consistently attracted buyers, preventing deeper declines. Above, resistance lies first at $0.39 and extends to $0.55 — the flagpole’s measured move target.

The July breakout from a larger bullish flag lifted HBAR above the 100-day simple moving average (SMA) near $0.20. Since then, the SMA has served as a strong support, adding weight to the bullish case. Trading activity is heaviest between $0.13 and $0.29, making this zone a key area for buyers.

Next Move Could Be Violent

Flag compressions rarely last forever. Once resolved, they often produce sharp, decisive moves. A breakout above resistance could propel HBAR toward $0.39 and potentially $0.55. On the downside, losing $0.22 would risk a pullback to deeper levels.

For now, bulls hold the upper hand as momentum and structure align. Traders await the breakout, knowing the next move could define HBAR’s trajectory in the weeks ahead.

The post HBAR Builds Momentum in Bullish Flag, Traders Watch Key $0.55 Resistance appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.