Ted Hisokawa
June 17, 2026 09:48
HBAR is bleeding in slow motion at $0.0801, with the momentum indicators having flattened and the price pinned below every major moving average. The path of least resistance targets $0.065 over the next 2-3 weeks.

HBAR’s Technical Reality Check
HBAR is stuck in no man’s land and the tape doesn’t lie. At $0.0801, the token is trading below both its 50-day and 200-day moving averages ($0.09 and $0.10 respectively), which have completely run into overhead resistance. There is no moving average support below the current price worth mentioning. That’s a bearish structure, period.
The momentum has stalled in the worst possible way. The MACD histogram has flattened out at zero after entering negative territory – that’s not a recovery, that’s exhaustion. Bears used the last leg down and now there is no energy left on either side. The RSI in the late 1940s tells the same story: buyers don’t hesitate and accumulate. The stochastic at %K 33 / %D 26 drifts into the lower range without the speed necessary to indicate a true reversal. Add in a Bollinger Band %B of 0.35 – the price is around the bottom third of its range, with the mid-band at $0.084 acting as immediate resistance – and the picture becomes clear. HBAR has not hit rock bottom; it leans on the guardrail. As Blockchain.new has documented during this lengthy correction phase, this kind of slow-bleed compression below the major moving averages rarely resolves cleanly to the upside without a good flush first.
Today’s intraday range – $0.0798 to $0.0846 – is tight and bearish. The lower Bollinger Band at $0.07 is the next structural magnet.
Volume and price matching
The spot volume on Binance of around $9.85 million for a -4.34% session is the signal no one wants to talk about. This is not capitulation; it’s distribution. High volume sell-offs reset the markets. Selling off at low volumes causes these to get lower over time. HBAR falls into the latter category.
The taker flow brutally confirms this: the sales volume is $16.7 million, against only $7.8 million in purchases on the one-hour tape – a buy/sell ratio of 0.46. That’s not retail panic, that’s systematic exit. Meanwhile, open interest rose 9.81% in 24 hours while the price fell. Incorporating new contracts into a shrinking market almost exclusively means adding new shorts with conviction.
The long/short split is the only nuanced signal worth looking at. Retail is 56.3% short positioned; they have already sided with the bear case. But top traders are long at 51.6%, a subtle slope that historically indicates smart parking bids ahead of a known support level, rather than chasing the trend. This divergence does not mean that the bottom has been reached; it means that institutional agencies are already mapping out where they want to catch the flush. That destination appears to be well below the current level. Blockchain.news reporting on derivatives consistently shows that this difference between retail and smart money is a pre-reversal setup – but the key word is pre-reversalnot reversal. We’re not there yet.
Expert Outlook context
The only verified analyst call on the board is from Ted Hisokawa, who published his assessment on June 12 via Blockchain.news. When the RSI subsequently reached 37.78, he called the selling pressure not yet complete and targeted $0.065 within 2 to 3 weeks – followed by a seasonal recovery towards $0.095. Five days later, HBAR is at $0.0801 and nothing on the tape has refuted this statement. The RSI has actually recovered somewhat from its observation point, which could be interpreted as a dead-cat bounce in momentum rather than a real shift – especially given the MACD histogram remaining at zero with no bullish crossover.
Hisokawa’s $0.065 target implies a decline of around 19% from here. His $0.095 recovery target, if reached from that bottom, represents a 46% move. That’s the asymmetric trading hidden in this ugly setup – but it only works if you don’t get in too early.
Forward price path
The base case with about a 65% probability: HBAR drifts and grinds towards $0.072-$0.075 over the next 7-10 days before an accelerated leg-down completes the flush to the $0.065-$0.068 zone within the 2-3 week window Hisokawa has outlined. The 0.0077% funding rate has not yet become negative enough to indicate that shorts are overextended, meaning there is still room for the short side to apply pressure before the squeeze materializes.
The bull scenario has a probability of about 25%. It requires a decisive recovery of $0.083-$0.084 in volume – specifically a daily close above the Bollinger mid-band. If that causes a short squeeze against the retail bear positioning, the HBAR could quickly contract towards $0.090-$0.095. Long positions from top traders appear to be positioned exactly for this, but without a catalyst or a confirmed increase in volume, this remains a hopeful trade.
The remaining 10% is an outright collapse – a break from $0.065 that widens to $0.050-$0.055 if broader crypto sentiment deteriorates or Bitcoin pulls back sharply. A token this far below its 200-day SMA with no institutional narrative driving its fundamentals is exposed to excessive downward percentage moves.
The execution plan is simple: don’t fight the bleeding. Sideline cash or defined risk shorts targeting $0.065-$0.068 is the positioning that makes sense right now. When the price reaches that zone, watch for funding rates to turn negative, open interest to spike, and retail short positions to spike – those are the reset signals. That’s when the $0.090+ bounce trade becomes worth the risk. Until then, patience is the key.
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