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

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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

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

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