Hedera Price Analysis – Here’s Why HBAR Is NOT Pumping

Hedera has had a decent bounce this week, but it’s still lagging most altcoins. On the 4-hour chart, HBAR sits around $0.237 and looks stuck in the same choppy range it’s been in for weeks. The data backs it up: momentum is middling, shorts are heavy, and open interest is rising without a strong trend. That’s why it isn’t ripping like some of its peers.

HBAR Price action: one step up, one step back

Over the past month, the HBAR price has mostly moved between ~$0.21 and ~$0.26. We saw a push to the $0.26 area in mid-September, but sellers stepped in fast and price slid back toward the mid-$0.23s. On the downside, the $0.21–$0.212 low from late August keeps acting as the floor. In short: it’s a range, not a breakout.

Source: CoinAnk

Immediate support sits near $0.23 (today’s pivot zone). Lose that and price often drifts to $0.224–$0.226, with stronger support at $0.21–$0.212. On the topside, $0.245–$0.25 is the first wall. If bulls reclaim and hold above that band, the next hurdle is $0.26–$0.265. Only a clean 4-hour close and hold above $0.265 would open room toward $0.27–$0.28.

The CoinAnk RSI bundle hovers around 50 across the three lines. That’s neutral. We’re not seeing strong overbought or oversold signals right now. The last time RSI spiked toward 70–80, HBAR tapped $0.26 and then cooled off. Today’s mid-range RSI fits the “range-bound” story.

This is the big tell. Net Long shows negative/flat readings, while Net Short sits near 887M and has been rising for weeks. In plain English: there’s more short exposure than long exposure. That leaning can cap upside moves and encourages “sell the rip” behavior until it flips.

Open interest has crept higher (mid-$400Ms on the 4h feed) even as price chops. Rising OI with sideways price often means positions are stacking up on both sides. It raises the odds of a sharp move later, but it doesn’t tell you the direction. Combined with the short tilt, it’s a headwind for bulls right now.

Put it all together: price is trapped in a $0.23–$0.25 box, RSI is neutral, shorts outweigh longs, and OI is climbing without trend. That cocktail usually means grind, not glide. Until buyers flip resistance and force short covering, HBAR will likely keep chopping while faster names run.

Read also: Hedera Chosen to Power First U.S. State-Issued Stable Token

HBAR short-term forecast (today–next 48h)

Base case: continued range trade. As long as $0.23 holds, expect bounces to $0.245–$0.25 to meet sellers. A 4h close above $0.25 could squeeze price into $0.258–$0.265 quickly. Failure to hold $0.23 puts $0.224–$0.226 in play, and a heavier risk test back to $0.21–$0.212 if broader market momentum fades.

Bottom line: HBAR isn’t pumping because the market hasn’t been forced to chase it. Watch for a shift in the long/short balance and a decisive reclaim of $0.25. Until then, it’s still a range-bound grinder.

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