Tony Kim
June 24, 2026 10:35 AM
HBAR is trading at $0.077, crushed against the lower Bollinger Band with near-zero stochastics and every major moving average above price – retail is piling up, but the coil is tight eno…

The immediate installation
HBAR opened at $0.077 on June 24, using its intraday high of $0.0781 as a ceiling before sliding straight back to the bottom. That’s not a bullish open – that’s a rejected push. The token is essentially pinned to the lower Bollinger Band, with a %B value of 0.035, indicating that there is almost no space left between the price and the bottom of the band. Bollinger always squeezes this tight decision with expansion; the question is which direction.
The broader context offers no solace for bulls. The 7-day, 20-day, 50-day and 200-day moving averages are all in perfect bearish order above the current price, with the 200-day sitting around $0.10 – a full 30% above where HBAR is trading now. Buyers haven’t checked this chart in months. Momentum has flattened rather than turned positive, with the MACD histogram reading exactly zero. That is not capitulation. That is not accumulation. That’s a market drifting sideways in a downtrend, waiting for someone to make a decision. For traders following the broader digital asset landscape on Blockchain.news, this kind of momentum depletion in the lower band typically precedes a sharp move within days – in either direction.
Key levels exposed
The real estate on the map is extremely compressed here. The intraday high rejection at $0.0781 is the first meaningful resistance, and it already failed this session. Above that, the 7-day and 20-day SMAs converge near $0.082, providing a lid to cap any relief rally. The 50-day SMA at $0.09 is the line in the sand for bulls who want to talk about something other than just a short-term trade; a sustained weekly close above that level would fundamentally change the interim picture.
On the other hand, psychological support of almost $0.075 is the first line. Below that, there is thin air all the way to the $0.065-$0.068 zone, where previous accumulation ranges could provide a landing pad. The ATR has compressed to almost zero, which is not a sign of stability; it is a sign that the spring is being wound more tightly. When that compression is broken, HBAR can hedge $0.010 – $0.015 in one session. Both the $0.065 breakdown target and the $0.085 squeeze target are within realistic striking distance within the next three to five trading sessions.
Sentiment versus reality
This is where the setup gets really interesting. Retail is pushing hard on the short side: the global long/short ratio is 0.72, with 58% of retail positions betting on HBAR. Meanwhile, top traders are at an almost perfect neutrality: 50.7% short. That gap between the conviction of dumb money and the indifference of smart money is a textbook example of a short-squeeze condition. It doesn’t mean the bounce is guaranteed, but it means the fuel is loaded.
What the spot market says is sobering. The taker’s buy/sell ratio barely goes above 1.0 (1.0045), meaning aggressive buyers don’t show up. Open interest fell 2% in 24 hours – active deleveraging, no position building. Traders are closing down their exposure, but not increasing it. The funding rate of 0.0025% is completely neutral, indicating that there is no guiding belief strong enough to push perpetrators to the limit. With no verified KOL activity in the last 24 hours and no new catalysts emerging on outlets like Blockchain.news, HBAR is currently trading purely in technical matters. That makes the price structure the only honest signal in the room.
The stochastics deserve their own line: with 1.71 on %K and 1.37 on %D this is a historical low. This low stochasticity, combined with neutral financing and a crowded retail short, has historically led to violently rapid reversals. That’s not a bullish thesis – it’s a mean-reversion risk that even committed bears should respect and take into account.
Actionable trading strategy
Two scenarios. One probability weighting. No fencing.
Breakdown scenario – 60% probability: The completely bearish MA stack, the failed intraday rally and the lack of spot buying pressure are the main reasons. A daily close below $0.075 on any volume expansion triggers the trade. Short entry to a break-and-retest of $0.0748. Target 1 at $0.070, Target 2 at $0.065. Stop above $0.082. This is the path with the higher probability.
Short squeeze scenario – 40% probability: The near-zero stochastic, extreme retail short position, and flat funding rates create the ingredients for a quick turnaround. Only a long entry on a clean break above $0.0782 with a confirming close above that level. Target 1 for $0.084, Target 2 for $0.090 (50 day SMA chargeback). Hard stop below $0.074. Risk/reward is roughly 1:2 at these levels.
The main mistake here is initiating a position in the dead zone between $0.075 and $0.0782. That middle ground is chopping – it grinds both sides and achieves nothing. Wait for the break. Volume will confirm it; a move on thin volume is a fake-out until proven otherwise. Size conservatively – half a position at most until direction is confirmed as HBAR has no catalyst to trade against at this point. Traders monitoring the coverage on Blockchain.new should consider the intraday high of $0.0782 as the binary trigger: above that, the squeeze accelerates; below $0.075 the bears are back in full control.
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