Hedera is showing strong signs of life again. After weeks of ranging within a tight zone, the HBAR price has now broken out with conviction. According to popular crypto analyst Ali (@ali_charts), the move we’re seeing right now could be the beginning of something much bigger, but only if a key resistance level is breached.
The chart shared by Ali shows Hedera (HBAR) on the 3-day timeframe. What stands out immediately is the large bullish candle that just closed around $0.238, reflecting a gain of more than 23% in one move. This breakout came after HBAR had been trading between $0.145 and $0.215 for most of June and early July.
That lower range acted as a consolidation zone, with buyers and sellers battling for control. Eventually, bulls won. The latest candle not only pushed through the $0.215 barrier, it also briefly touched $0.257 before pulling back slightly.
Ali explains that Hedera is now in the middle of a broader trading range, with the next major resistance sitting around $0.36. That level has historical significance. Back in January and February, $0.36 acted as a ceiling where several rallies were rejected. If the HBAR price can break above that zone now, the move could ignite what Ali calls an “explosive rally.”
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Why $0.36 Is the Level to Watch
Looking at the chart more closely, we can see that $0.36 is part of a higher range that stretches from about $0.215 to $0.36. This range held up earlier in the year before HBAR broke down into a lower band between $0.145 and $0.215. With the recent breakout from that lower band, HBAR has now re-entered the mid-range and is testing its upper half.
The move through $0.215 is important, but it is only step one. Traders are now watching to see if HBAR can sustain momentum and make a run for $0.29 to $0.31 first. These are short-term zones where some profit-taking might occur. However, if HBAR blows through those minor levels, the path toward $0.36 becomes much clearer.
This setup creates a potential bullish scenario that could bring significant upside. But as Ali points out, none of it matters unless $0.36 gets taken out. That would mark a clean breakout above the range and could signal a shift into a new price discovery phase.
Hedera Bulls Have the Narrative, But Volume Matters
The chart’s structure is definitely favorable to the bulls right now. But one thing traders will be watching is volume. If the next move toward $0.29 or $0.36 happens on declining volume, it could indicate weakness. That would suggest the breakout might fail, and the price could drop back into the $0.215 to $0.185 zone.
On the flip side, strong volume with green candles would reinforce the breakout and show that new buyers are stepping in. That’s when we might start to see more aggressive targets come into play.
It’s also worth noting that this surge comes at a time when the broader crypto market is showing mixed signals. Some altcoins are struggling to maintain momentum, but Hedera seems to be carving out its own path. If this continues, it could attract attention from investors looking for high-upside bets.
What’s Next for HBAR Price?
Right now, all eyes are on how HBAR behaves around this mid-range zone. If it can hold above $0.215 and build support at that level, it would give the bulls a solid foundation to make a push higher.
Short-term traders may look to scalp moves between $0.24 and $0.29, but long-term holders will be watching $0.36 closely. That level is the line in the sand. If it falls, it could unlock a bigger rally and possibly new yearly highs.
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Ali’s analysis provides a clear roadmap. Hedera doesn’t need to do anything flashy right now, it just needs to keep building strength above $0.215 and let the market work. If momentum continues, the explosive rally he’s hinting at might not be far away.
HBAR has shown it can move quickly when the conditions are right. The recent 23% jump is proof that traders are paying attention again. But like every good setup, it all comes down to follow-through. Ali’s chart reminds us that $0.36 is the gatekeeper. If Hedera breaks it, the rally might just begin in full force.
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