Hedera Poised for Comeback, Breaks Resistance to Ignite 57% Rally

▲ Hedera (HBAR) / ChatGPT-generated image

Hedera (HBAR) is signaling a strong technical breakout, raising the possibility of a massive rally accompanied by a short squeeze.

According to crypto-focused media outlet BeInCrypto on February 15 (local time), Hedera recently broke upward from a falling broadening wedge pattern, laying the groundwork for a full-fledged technical rebound. Analyst Aaryamann Shrivastava noted that if Hedera successfully flips a key resistance level into solid support, it could stage an explosive rally of up to 57%. As overall demand in the digital asset market recovers, fresh capital is flowing into the network, strengthening bullish momentum.

The Money Flow Index (MFI), which tracks capital inflows and outflows, indicates steadily increasing buying pressure for Hedera. A rising MFI suggests that capital is returning to the asset, a typical sign of growing demand in the early stages of a recovery. As investors intensify accumulation in line with upward price movement, market liquidity is improving, reinforcing the technical structure with a stronger support base.

Liquidation heatmap analysis has identified the $0.1084 level as a critical zone that could determine price direction. Approximately $1 million in short positions are concentrated around this price range, and if the price breaks through this area, forced liquidations could trigger heightened upside volatility. Should short sellers rush to repurchase the asset to limit losses, prices could surge rapidly. Shrivastava views a breakout above $0.1084 as a decisive catalyst for further gains.

Hedera is currently pressuring a major resistance level while attempting to consolidate above it. If it succeeds in turning this resistance into support, the falling broadening wedge pattern would be confirmed, theoretically opening the door to a 57% return. A realistic initial target is $0.1234, a level that would recover recent losses, with the overall magnitude of the rally depending on continued capital inflows.

However, downside risks remain if investors begin taking profits prematurely. If the price falls below the $0.0901 support level, the current bullish scenario could be invalidated. To sustain upward momentum, Hedera must maintain consistent buying pressure and secure stable closes above resistance levels. Market participants are closely watching whether large-scale liquidations occur around the $0.1084 zone to gauge the potential scale of the upcoming rally.

Disclaimer: This article is provided for informational purposes only and does not constitute investment advice. The publisher is not responsible for any losses incurred based on this information.