Hedera (HBAR) Price Eyes 57% Rally as Short Squeeze Looms Over Traders

Hedera price has surged in recent sessions, positioning $HBAR for a breakout from a bullish chart pattern.

The recent move reflects improving sentiment across select altcoins. However, breakouts require follow-through buying.

$HBAR Investors Are Buying

The Money Flow Index indicates rising buying pressure for $HBAR. The indicator has trended upward, signaling that capital is flowing back into the asset. Strengthening MFI readings often reflect growing demand during early recovery phases.

Investors appear to be accumulating as the price begins to climb. Increased participation provides liquidity support and reinforces bullish structure. If buying pressure continues building, $HBAR could maintain upward momentum beyond near-term resistance.

$HBAR MFI”>

$HBAR MFI. Source: TradingView

The liquidation heatmap highlights $0.1084 as a critical level. Around that range, approximately $1 million worth of short positions could face forced liquidation. A move through this zone would likely accelerate upside volatility.

Short liquidations often create rapid price spikes. When bearish traders are forced to cover positions, buying pressure intensifies. For $HBAR, clearing $0.1084 could serve as a catalyst for extended gains.

However, investors must sustain bullish momentum until that level is reached. Without steady accumulation, the market may struggle to generate the necessary pressure. Breakout durability depends on consistent inflows and reduced profit-taking.

$HBAR Liquidation Heatmap”>

$HBAR Liquidation Heatmap. Source: Coinglass

$HBAR Price Needs To Secure Support

$HBAR price is trading at $0.1025, pressing against the $0.1030 resistance. Securing this level as support would confirm a breakout. However, a decisive close above resistance could shift sentiment toward sustained recovery.

The token has been moving within a descending broadening wedge. This formation projects a potential 57% rally upon confirmation. While that projection signals strong upside potential, a more realistic target lies near $0.1234, which would recover recent losses.

$HBAR Price Analysis. “>

$HBAR Price Analysis. Source: TradingView

On the other hand, if investors begin booking profits prematurely, downside risk increases. A pullback toward $0.0901 support would invalidate the bullish thesis. Going forward, maintaining buying pressure remains essential for Hedera’s price to extend gains and sustain breakout momentum.

The post Hedera ($HBAR) Price Eyes 57% Rally as Short Squeeze Looms Over Traders appeared first on BeInCrypto.