Hedera (HBAR) Bulls Face a Critical Test as Bears Resist the Rally – Is a Return to $0.1 Still on the Horizon?

Hedera (HBAR) faces a pivotal test as bulls attempt to reclaim momentum above $0.09, with bears defending and volatility rising due to growing open interest (~$389.72 million). A potential short squeeze could push HBAR toward $0.10, especially if price breaks above resistance with rising open interest. Key levels to watch: immediate hurdle at $0.08917, resistance toward $0.097–$0.10, and support near $0.085 with a critical trendline near $0.07938. Trading signals suggest a bullish move if buying pressure strengthens, but sustained gains require a breakout above $0.09 and sustained momentum.