HBAR is closing in on a key technical level that could spark a sharp rally if broken. An analyst from LuckSide Crypto Show flagged what he calls the "most bullish setup of 2026" for Hedera's token, pointing to an inverse head-and-shoulders pattern forming around the $0.0726 neckline. The token has been stuck below its 50-day moving average since May, making the next move particularly important to watch.
Technical setup and momentum shift
The chart shows HBAR climbing above its 20-day moving average while repeatedly testing the 50-day level. Momentum indicators are turning higher. The Relative Strength Index has climbed from the middle of its range, leaving room for further upside without suggesting an overheated market. Weekly Stochastic RSI has also turned bullish, according to the analyst.
A sustained move above $0.0726 would signal that "it's kind of go time" for HBAR in the near term, though the analyst stressed this would not necessarily mean an immediate market-wide explosion. Historical comparisons offer some context. In June 2025, HBAR rallied from roughly $0.12 to $0.30 after a similar RSI shift. A comparable setup in November 2024 preceded a 500% to 600% advance. These are technical analogies rather than forecasts, and chart patterns can fail.
The broader backdrop matters too. Capital flows into digital assets are showing signs of shifting back, which could provide tailwinds for the move. Still, HBAR's struggle to clear longer-term trend resistance since May means the next breakout attempt remains closely watched by traders.
This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency markets are highly volatile. Always conduct your own research before trading.