HBAR Price Prediction: The $0.07 Coil Is About to Snap — Here's Which Way It Goes

Hedera's HBAR is trapped in a tight $0.07 range as all key moving averages converge, signaling a looming breakout. With 200-day SMA at $0.09 acting as resistance and support near $0.065–$0.06, the chart suggests a likely move within 24–48 hours. Traders show 64% long positioning on Binance Futures, negative funding, and an open interest of $22.3M. Upside targets: $0.09, then potentially $0.10–$0.12 if volume and momentum pick up; downside risks to $0.06 if support fails.