BITmarkets Team
Jun 01, 2026
That period of indecision changed in late May, when price briefly moved below the lower boundary of the range before staging a sharp recovery. The move suggests that selling pressure may have been absorbed, allowing buyers to regain control and push the market back toward the upper end of the consolidation zone.

HBARUSD - 1 Day Time Frame
A key development in the current setup is the formation of a strong support zone around $0.09, highlighted in blue on the chart. Following the liquidity sweep below the range, price reacted strongly from this area and has continued to hold above it.
As long as HBAR continues to respect this support zone, the broader structure remains constructive. The recent bullish reaction suggests that the market may be transitioning from a prolonged consolidation phase into a more directional move higher.
Based on this development, long positions may be considered while price remains above support. From a risk-management perspective, a protective stop loss could be placed around $0.08, as a move below this level could weaken the bullish setup and indicate that the recent recovery is losing momentum.
If buying interest continues to build, the nearest upside objectives are located at the next Buy-Side Liquidity zones around $0.12, $0.135, $0.155, and $0.20. These levels represent logical targets, as price may seek liquidity resting above previous highs if bullish momentum remains intact.
The setup remains conditional, however. A daily close below the $0.09 support zone could be an early warning sign that buyers are losing control of the current structure. In such a scenario, traders may consider reducing exposure before the stop-loss level is reached.
For now, the support zone remains intact, and the broader structure continues to favor the possibility of further upside expansion toward the marked liquidity levels. Confirmation of a sustained bullish trend, however, will depend on HBAR's ability to continue holding above support while establishing acceptance at progressively higher price levels.
Crypto assets are unregulated, decentralised and highly volatile assets which entail substantial risks and you may lose all invested capital. Refer to the Disclaimers for detailed information on potential risks.