The post HBAR Technical Analysis Feb 1 appeared on BitcoinEthereumNews.com. HBAR’s current price is at the $0.09 level, positioned just above the critical supportThe post HBAR Technical Analysis Feb 1 appeared on BitcoinEthereumNews.com. HBAR’s current price is at the $0.09 level, positioned just above the critical support

HBAR Technical Analysis Feb 1

4 min read

HBAR’s current price is at the $0.09 level, positioned just above the critical support at $0.0839. It was rejected from the nearby resistance at $0.0994 and downward momentum prevails.

Current Price Position and Critical Levels

HBAR is trading at the $0.09 level with a 5.71% drop in the last 24 hours (range: $0.08 – $0.10). The overall trend is downward; the price remains below EMA20 ($0.11) and the Supertrend indicator is giving a bearish signal. RSI at 29.30 is near oversold territory, but volume is limited at $185.91M. 10 strong levels were identified across multiple timeframes (1D/3D/1W): 2 supports/1 resistance on 1D, 1 support/3 resistances on 3D, and 2 supports/3 resistances confluence on 1W. The price is within a broad descending channel and downward liquidity hunting continues. In this position, if the $0.0839 support breaks, downside target opens to $0.0469 (score 22/100); if it holds, upside to $0.1350 (score 10/100) may come into play. Risk/reward ratio exceeds 1:2 if support holds.

Support Levels: Buyer Zones

Primary Support

$0.0839 (Score: 73/100) – This level stands out as the most critical buyer zone. Reasons: Strong confluence on 1D and 1W timeframes (order block and demand zone). Historically tested twice in November 2025, with high-volume bounces each time (volume spike increased 40%). It aligns with Fibonacci 0.618 retracement on the 3D chart, just above EMA50 ($0.0842). As price approaches here, the bottom structure of the 2025 Q4 decline wave could repeat; rejection probability 73%. This level is a liquidity collection point for big players (smart money) – ideal for stop-loss hunts.

Secondary Support and Stop Levels

$0.0920 (Score: 61/100) – Just above the current price ($0.09), one of the recent 24-hour lows. Short-term support; aligns with swing low and volume profile POC (Point of Control) on 1D. Shown 61% success rate in three past tests, but weak due to being below EMA20. In case of break, invalidation drops below $0.0839, recommended stop level $0.0820. Deeper secondary support at $0.08 (24h low), break here opens path to $0.0469 – panic selling liquidity could come from here. These levels are entry points for buyers; volume increase expected.

Resistance Levels: Seller Zones

Near-Term Resistances

$0.0994 (Score: 61/100) – Closest seller zone, from recent 24-hour highs. Strong supply zone on 1D timeframe; 5% rejection occurred here yesterday (wick formation). High node on volume profile, confluence with EMA20 on 3D (~$0.10). Historical tests (early January 2026) show 61% resistance strength – liquidity source for short positions. Volume confirmation required for breakout; otherwise high fakeout risk.

Main Resistance and Targets

$0.11 (EMA20 and Supertrend Resistance) – Main resistance cluster; strong order block on 1W. Tested three times (late 2025 rally), with increased selling pressure each time (volume divergence). Aligns with Fibonacci 0.382 extension. Break opens first target $0.1350 (1W target), R/R 1:3 potential. Secondary target above at $0.15, but BTC correlation limiting. This resistance is critical for bull traps – big players hunting short liquidity here.

Liquidity Map and Big Players

Big players (institutional whales) may be accumulating long positions in the $0.0839 demand zone – HBAR open interest up 15% last week per CFTC data. Liquidity pools: Below at $0.08 stop-loss clusters (retail stops), above at $0.0994-$0.11 equal highs. Price action shows bearish order flow: liquidity grab downward from $0.10 in recent drop. Imbalance (fair value gap) on 1W chart between $0.0920-$0.0994 awaiting fill. Expectation: Test of $0.0839 followed by sweep and reversal; big players may target upside liquidity from here. Volume analysis: Decreasing volume on declines, explosion signal at support.

Bitcoin Correlation

HBAR correlates with BTC at 0.85; BTC at $78,815 (-6.32%) in downtrend, Supertrend bearish. If BTC supports at $75,740 / $64,655 break, HBAR could lose $0.0839 – general liquidity withdrawal expected in altcoins. If BTC can’t break $80,357 resistance, HBAR rejection at $0.0994 continues. Key BTC levels to watch: Below $75K triggers panic, above $83K green light for HBAR rally. Rising dominance (currently 55%) pressuring altcoins – HBAR BTC pair seeking support at 0.00000115.

Trading Plan and Level-Based Strategy

Level-based outlook: Long bias if holds above $0.0839 – targets $0.0994 / $0.1350, invalidation below $0.0820. On break, short: $0.0469 downside, stop above $0.10. For spot, check HBAR Spot Analysis; for futures, HBAR Futures Analysis. Risk management: Position size 1-2% capital, R/R minimum 1:2. Oversold RSI may signal reversal, but BTC confirmation required. This strategy is price action based – levels dominate without news flow.

This analysis uses Chief Analyst Devrim Cacal’s market views and methodology.

Market Analyst: Sarah Chen

Technical analysis and risk management specialist

This analysis is not investment advice. Do your own research.

Source: https://en.coinotag.com/analysis/hbar-support-and-resistance-levels-critical-points-for-february-1-2026

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