HBAR Price at Critical $0.09 Level as Hedera Approaches Major Buy Wall After BTC Drops Below $65K

HBAR-3,07%
BTC-3,57%

The Hedera price has slipped below the $0.10 mark as the broader crypto market continues to struggle. HBAR is now trading around $0.095, sitting just above a key technical support zone. Bitcoin is not helping sentiment either, with the BTC price dipping toward the $65,000 level and dragging altcoins lower in the process.

In this environment, attention has shifted to a crucial level on the HBAR chart: $0.09.

One Hedera community member on X showed this area as a major daily buy wall that could determine the token’s short-term direction.

  • The $0.09 Level: Why It Matters
  • The Bearish Risk
  • Bigger Picture for Hedera

The $0.09 Level: Why It Matters

According to the post, $0.09 represents a big liquidity zone where buyers previously stepped in. As price approaches this level, the key question is whether buyers can absorb incoming sell pressure and defend support.

The tweet outlines a clear bullish scenario. If buyers manage to hold the $0.09 region and begin trapping sellers, momentum could swing back in favor of bulls. The real confirmation would come if HBAR breaks above previous sell walls and flips them into support. That type of behavior signals strength returning to the market.

If that plays out, the community member says they would look for short-term scalp opportunities, with upside targets in the $0.106 to $0.150 range. That would represent a meaningful recovery from current levels, especially in a weak macro backdrop.

The Bearish Risk

The flip side is equally important.

If HBAR loses the $0.09 level with conviction, the structure changes. A breakdown below that support could trigger stop losses and release liquidity below, accelerating downside momentum.

In that scenario, the next major daily buy walls sit between $0.09 and $0.072. The tweet specifically highlights $0.072 as a deeper liquidity zone identified by tracking tools. A move into that range would likely reflect broader market weakness and aggressive selling pressure.

Source: CoinMarketCap/Hedera

In simple terms, $0.09 is the line in the sand.

HBAR’s technical setup cannot be viewed in isolation. Bitcoin slipping toward $65K has weighed on the entire altcoin sector. When BTC loses key levels, liquidity tightens across the board, and altcoins typically experience amplified volatility.

If Bitcoin stabilizes and holds its current range, HBAR may have room to defend support and attempt a rebound. If BTC continues lower, pressure on the $0.09 zone will intensify.

Read also: HBAR Is Not a Normal Crypto? Why an Analyst Calls Hedera “Alien Technology”

Bigger Picture for Hedera

Beyond short-term volatility, Hedera’s long-term fundamentals remain intact. The network continues to promote its high throughput, low fees, and enterprise partnerships. But in the current market environment, technical levels are dominating price action.

For now, traders are watching one number: $0.09.

A successful defense could open the door for a move back toward $0.11 and potentially $0.15. A confirmed dip would change focus toward $0.072 and lower liquidity pockets.

With Bitcoin hovering near $65K and market sentiment fragile, the next few daily closes could decide HBAR’s direction for the rest of the week.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Data: 838.89 BTC transferred from an anonymous address, routed through a relay, and flowed into Wintermute

ChainCatcher reports that, according to Arkham data, at 02:51, 838.89 BTC (worth approximately $50.26 million) was transferred from an anonymous address (starting with bc1qzudnxd...) to another anonymous address (starting with bc1qsxjg55...). Subsequently, this address transferred some BTC (130 coins) to Wintermute.

GateNews34m ago

Data: 155.22 BTC transferred from an anonymous address, worth approximately 11.09 million USD

ChainCatcher reports that, according to Arkham data, at 00:43, 155.22 BTC (worth approximately $11.09 million) was transferred from an anonymous address (starting with 1AkTDtK7...) to another anonymous address (starting with 1NErFWRW...).

GateNews2h ago

Bitcoin Poised for Next Leg Down as $73K Precedes Death Cross

Bitcoin is navigating a delicate chart landscape as traders weigh the risk of a protracted bear cycle against the possibility of a renewed bounce. After a March rally, market watchers say a sustained move higher will require a meaningful bullish catalyst to overcome persistent resistance and the wei

CryptoBreaking2h ago

Bitcoin Price Predictions Flip Bullish, But Ethereum Is Still Stuck

Predictors have turned bullish on Bitcoin's near-term price, suggesting a rise to $84,000 before a potential drop. However, analysts remain divided on sustainability, while sentiment for Ethereum is bearish, with expectations of a decline to $1,500.

Decrypt2h ago

Data: In the past 24 hours, the entire network has liquidated $339 million, with long positions liquidated at $182 million and short positions at $157 million.

ChainCatcher reports that, according to Coinglass data, the total liquidations across the entire network in the past 24 hours amounted to $339 million, with long positions liquidated at $182 million and short positions at $157 million. Among these, Bitcoin long positions were liquidated at $67.776 million, Bitcoin short positions at $69.678 million, Ethereum long positions at $38.385 million, and Ethereum short positions at $50.239 million.

GateNews3h ago
Comment
0/400
No comments