HBAR holds firm above its key $0.143 support level while maintaining a defined weekly bull flag structure.
Resistance at $0.1502 frames the next reaction zone as the price moves inside a narrow descending channel.
The pattern’s measured projection at $0.90170 outlines the broader structure guiding long-term technical expectations.
Hedera’s weekly chart shows a defined bullish continuation structure as HBAR trades near a key technical zone. It is trading at the moment at $0.1442, a 2.8 percent daily increase in the token and the activity is shaping around a thin band of support at $0.143
The price movement constitutes a downward trending channel that can be characterized as a typical bull flag formation and this continues to keep the market focused on its closeness to the resistance level at $0.1502. This structure follows a sharp upward move earlier in the year, and this context shapes the current technical narrative as traders evaluate its next direction. The chart also marks the upper target at $0.90170, though this level only reflects the measured move projection of the flagged structure
Buyers Hold Key Support at $0.143 as Price Consolidates Within a Bull Flag
The recent move above support shows that buyers defended the lower boundary around $0.143. This area has held through several weekly tests, and this keeps the channel intact. However, the narrow structure also limits volatility, as the range between support and resistance remains tight
This helps define the next technical decision point because each retest around $0.1502 draws market attention back to the upper boundary. The continued respect of this structure keeps the bull flag active and maintains the pattern’s relevance on the weekly timeframe.
The resistance at $0.1502 forms the closest ceiling, and price repeatedly approaches this zone. Each return to this level reflects steady buying interest within the channel. However, the structure still restricts progress because sellers remain active around the upper line. This sets up a controlled environment where price action develops inside the flag while maintaining its broader upward context. The formation remains orderly, and the current compression reflects a stable transition phase.
Broader Pattern Adds Context for Future Movement
The projected target at $0.90170 sits far above current levels, and the chart labels it as the measured extension of the pole. This projection outlines the broader structure rather than near-term activity. The channel’s shape also reinforces the flag’s slope, and this helps define future trend expectations. With the flag intact, traders continue to reference the pattern as weekly candles develop within its boundaries.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
HBAR Holds $0.143 Support As Price Targets the $0.1502 Resistance Zone
HBAR holds firm above its key $0.143 support level while maintaining a defined weekly bull flag structure.
Resistance at $0.1502 frames the next reaction zone as the price moves inside a narrow descending channel.
The pattern’s measured projection at $0.90170 outlines the broader structure guiding long-term technical expectations.
Hedera’s weekly chart shows a defined bullish continuation structure as HBAR trades near a key technical zone. It is trading at the moment at $0.1442, a 2.8 percent daily increase in the token and the activity is shaping around a thin band of support at $0.143
The price movement constitutes a downward trending channel that can be characterized as a typical bull flag formation and this continues to keep the market focused on its closeness to the resistance level at $0.1502. This structure follows a sharp upward move earlier in the year, and this context shapes the current technical narrative as traders evaluate its next direction. The chart also marks the upper target at $0.90170, though this level only reflects the measured move projection of the flagged structure
Buyers Hold Key Support at $0.143 as Price Consolidates Within a Bull Flag
The recent move above support shows that buyers defended the lower boundary around $0.143. This area has held through several weekly tests, and this keeps the channel intact. However, the narrow structure also limits volatility, as the range between support and resistance remains tight
This helps define the next technical decision point because each retest around $0.1502 draws market attention back to the upper boundary. The continued respect of this structure keeps the bull flag active and maintains the pattern’s relevance on the weekly timeframe.
The resistance at $0.1502 forms the closest ceiling, and price repeatedly approaches this zone. Each return to this level reflects steady buying interest within the channel. However, the structure still restricts progress because sellers remain active around the upper line. This sets up a controlled environment where price action develops inside the flag while maintaining its broader upward context. The formation remains orderly, and the current compression reflects a stable transition phase.
Broader Pattern Adds Context for Future Movement
The projected target at $0.90170 sits far above current levels, and the chart labels it as the measured extension of the pole. This projection outlines the broader structure rather than near-term activity. The channel’s shape also reinforces the flag’s slope, and this helps define future trend expectations. With the flag intact, traders continue to reference the pattern as weekly candles develop within its boundaries.