Rongchai Wang
July 21, 2026 09:49
HBAR has crossed the symmetrical triangle resistance at $0.068, marked as the critical inflection point, and is now printing $0.0727 with a daily gain of 3.11% – but a flat MACD and an RSI below 42 say the belief…

The immediate installation
HBAR started today’s session in a symmetrical triangle around the $0.065-$0.068 range, and as of this morning the price has broken to the upside: $0.0727 with a clear intraday gain of 3.11%. That’s not noise. CoinMarketCap AI called this exact structure yesterday, marking a decisive move above $0.068 as a bullish trigger, and the tape just delivered.
Before victory is declared, however, the momentum indicators require close examination. The RSI is popping at 41.82 – neither oversold enough to suggest coil spring energy, nor strong enough to confirm buyer conviction. It’s the value you see when participants test the pause without fully committing to it. The MACD histogram is completely flat at zero, indicating that this 3% population has not yet fueled any directional trend force. What you have here is price action that comes from technical inertia, not momentum.
That division – bullish price structure, wavering momentum – can work. Breakouts routinely perform their own affirmation. But the window is narrow. If HBAR fails to hold above $0.068 at the next daily close, the failed breakout becomes a trap and the traps in compressed markets are washed away hard and fast. Blockchain.news has tracked HBAR through multiple compression cycles, and the pattern tends to follow a familiar script: the structural break comes before momentum catches up. Over the next 48 hours, confirm or deny whether this cycle follows.
Key levels exposed
The moving average picture is deceptively flat. The 7-day SMA, 20-day SMA, 50-day SMA, EMA-12 and EMA-26 all cluster at $0.07 – HBAR has been at this price level for weeks. This isn’t just consolidation; it’s compression. The Bollinger Bands tell the clearest story: With %B at 0.38, price is in the lower half of the band structure, closer to the $0.06 lower band than the $0.08 upper. The band is narrow, and historically narrow bands precede expansionary movements – the direction of that expansion is the only question that matters at this point.
The only moving average that stands out from the cluster is the SMA 200 at $0.09, 24% above the current price. That’s the gravity ceiling that every true bull trend eventually faces. It is not today’s obstacle, but it is the structural barrier that stands between $0.0727 and any serious attack on the year-end targets that the algorithmic models project.
For the breakout thesis to materialize, HBAR needs a daily close above $0.073 – which is what validates the triangle resolution as real and not a fake outcome. The first meaningful bull target is $0.080, Bollinger’s upper band, reachable within 5 to 7 sessions if buyers remain in control. From there, the SMA 200 at $0.09 becomes the real test and the level at which the seller’s initial reaction is most likely. A clear break of $0.09 on expanding volume opens the door to CoinCodex’s year-end projection of $0.1185. The downside is that a daily close below $0.065 completely invalidates the setup and exposes the $0.060-$0.055 zone – an area that HBAR does not want to revisit.
Sentiment versus reality
The algorithmic calls are more attuned to reality than normal. CoinMarketCap AI has accurately identified the triangle structure and HBAR has now validated the bullish resolution. CoinCodex’s year-end target of $0.1185 – an upside of about 63% from the current price – sounds aggressive on its own, but implies clearing the SMA 200 zone and modest expansion beyond it. That’s not a fantasy if the broader crypto market cooperates in the third and fourth quarters of 2026.
No major KOL voices have responded to HBAR in the last 24 hours, and that silence is information in itself. Retail crypto Twitter is asleep at the wheel here. The global long/short ratio bears this out: retail accounts are on balance 52.4% short, versus 47.6% long – the crowd is actively fading this breakout. When retail falls short of a clear structural break that lasts, those positions become the fuel for the next step up.
Meanwhile, top traders – the accounts Binance classifies as institutional or cetacean – sit at a long/short ratio of 1.30, with 56.5% net long. This difference between dumb money shorts and smart money longs is exactly the setup you want to be on the right side of. Blockchain.news has documented similar divergences in the derivatives markets in altcoins, with whale positioning diverging sharply from retail – the outcome is predictably one-sided. The taker buy/sell ratio reinforces this at 1.14, with aggressive buy orders in the market exceeding sell orders, meaning the squeeze mechanism is already loading in real time.
A caveat worth mentioning: open interest fell 0.78% over the past 24 hours, even as the price rose. Existing positions are being wound down, no new ones are being opened. In the short term, this equates to covering captured shorts – which is bullish for now. But a sustained rally will require new longs building open interest, not just short-covering exhaustion. Keep a close eye on OI next session.
Actionable trading strategy
This is a breakout trade with defined risk and clear parameters – no ambiguity, no wiggle room.
The long entry zone is $0.070-$0.073, buying the confirmation rather than chasing the peak. If the price pulls back to retest $0.068-$0.070 before extending, that’s the entry with a higher probability: the classic break-retest-go structure that separates disciplined traders from FOMO hunters.
The hard stop is at $0.0645. A daily close below $0.065 means the triangle has broken the wrong way, the position is wrong and the position is immediately cut – no negotiating with the tape, no ‘giving room’. The loss is small and defined; the refusal to accept a failed escape is where accounts are destroyed.
For targets, the first profit zone is $0.080 in Bollinger’s upper band, where partial profit taking is justified and a trailing stop should be moved to breakeven. The second target is $0.090 at the SMA 200, which will generate meaningful resistance – trim more here and reevaluate before pressing further. The third target, $0.095–$0.118, is the CoinCodex year-end range and only comes into focus if $0.09 is clearly breached on volume expansion. On the core setup – entry $0.073, stop $0.0645, target $0.090 – the risk/reward is around 2.4:1, which is solid for a breakout trade with this level of structural clarity.
The bear scenario is just as defined and just as important. A failed breakout here does not gently return to $0.068 and stabilize – it punishes. HBAR would likely accelerate towards $0.060, and a break there opens $0.055 as the next landing zone. Don’t fully rate this trade until the daily close of $0.073 is confirmed. Trade the levels, manage the risk, and keep an eye on Blockchain.new for any fundamental catalyst – a major partnership announcement or a headline about venture adoption – that could collapse this timeline and turn a technical swing trade into a full-blown momentum event.
Image source: Shutterstock

