Hedera Price Surges to Critical $0.20 Level: Is This A Breakout or Another Bearish Trap?

Hedera’s recent price action has created a stir in the crypto market as it pushed higher in a sudden rally. While traders and crypto enthusiasts have been eager to celebrate the latest HBAR price surge, a closer look at the bigger picture tells a different story. Hedera is now testing $0.20, a historically significant technical zone that previously marked the top before a sharp decline. The question everyone’s asking: Is this the beginning of a genuine bullish reversal, or just another classic trap for unwary traders?

Familiar Technical Zone Signals Caution

Despite the excitement over this latest HBAR price increase, technical analysis suggests caution is warranted. The current rally has brought Hedera right into a familiar zone of resistance, precisely where it formed a macro lower high in the past. The current setup bears a striking resemblance, and unless Hedera can decisively break through this resistance with substantial volume, the risk of history repeating itself remains high.

Weak Volume Clouds Breakout Potential

The glaring absence of substantial trading volume is a significant concern surrounding this HBAR price surge. In market structure analysis, volume is the fuel that sustains any meaningful move. A rally without volume often signals a lack of conviction among buyers. Hedera’s volume profile remains below average, raising doubts about the breakout’s strength.

Chart 1 – HBAR Live Price, published on TradingView, April 25, 2025.

Without sufficient volume, there’s a heightened risk that the move stalls or reverses at $0.20 resistance. This could lead to a failed attempt at an HBAR bullish breakout, similar to what happened in the past. Traders relying on technical cues know that rallies at critical levels often falter without heavy participation.

High Time Frame Trend Remains Bearish

Despite the recent short-term upside, Hedera continues to trend lower on higher time frames. The market structure has been dominated by lower highs and lower lows, a classic bearish pattern. This HBAR bullish chart, currently taking shape, hasn’t broken that larger structure.

The last significant swing high formed when the price touched this same technical confluence before reversing sharply. With the Hedera price approaching that identical zone, experienced traders are cautious. The trend remains tilted to the downside without a confirmed breakout and strong daily candle closures above resistance.

Hedera Price Tests Critical Resistance

As of now, the Hedera price is testing $0.20 crucial resistance zone. Traders are watching closely to see if price action can breach this level or if it will again act as a ceiling. If Hedera fails to close above it on substantial volume, the market will likely interpret it as another rejection.

In such a scenario, the most probable outcome would be retracement toward the $0.12 region. This would reaffirm the existing downtrend and potentially set a new lower low, continuing the bearish structure that’s dominated Hedera’s charts for months.

Will Hedera Break the Cycle or Repeat the Pattern?

There’s always a possibility that Hedera could defy the odds. If volume suddenly picks up and price secures sustained daily closes above resistance, it might signal the start of a true HBAR bullish breakout. That could flip sentiment, at least in the short term, and potentially attract sidelined buyers.

However, until these signs emerge, most traders remain cautious. History and market structure suggest that without these critical confirmations, the current rally risks being another lower high within a larger downtrend.

Final Thoughts: Hedera at a Crossroads

To sum it up, while the recent HBAR price increase has sparked new interest, the broader technical picture advises caution. The token revisits the $0.20 significant resistance zone that has previously marked major turning points. Unless there’s a sharp uptick in volume and decisive price action, this HBAR price surge could be short-lived.

Traders should stay vigilant, monitoring the Hedera price closely and looking for signs of strength or weakness in the coming sessions. Whether this is a genuine breakout or just another trap within a bearish market structure will soon be revealed, but for now, the risk remains skewed to the downside.