HBAR’s price action is closely echoing the 2022 cycle bottom. The coin has followed a similar pattern, advancing roughly 170% from long‑term support to the 0.382 Fibonacci level and earlier resistance.
Historical Patterns Merge Now: Will This Boost HBAR?
Chart Nerd, a technical analyst, notes that “the 0.382 level then rejected price into a higher‑low base before a larger breakout.” A similar trajectory has unfolded in 2026, with HBAR rallying more than 100% from its multi‑year support and hitting the 0.382 Fibonacci level.
This was probably the most important $HBAR clip from yesterday’s analysis
Yes, all cycles are different, but $HBAR has been mirroring its 2022 cycle bottom structure thus far in 2026.
In 2022, we witnessed a 170% move from multi-year ascending support into the 0.382 Fib… pic.twitter.com/8gMMT4c15t
— ChartNerd (@ChartNerdTA) October 7, 2026
Addressing the recent market pullback, the analyst reminded followers, “Don’t be disheartened by supply resistance; a retrace back to support is pure opportunity.” The 0.382 level again rejected price, forming a higher‑low base, before a larger breakout sent HBAR up to $0.56.
Most-Plausible HBAR Price Scenario & Open Interest
Current resistance sits just above $0.10, while HBAR’s market cap has rebounded to roughly $4.09 billion at publication. Futures activity shows a 25% increase in daily volume, though the rise is driven more by short covering than by fresh buying pressure.
Leveraged long positions were hit by a sharp liquidation, with $863K of the $870.13K total being unwound.
Key sequential pattern at the bottom:
- Soft bounce from multi-year ascending support.
- Tag of the HBAR 0.382 Fib + prior price resistance.
- Rejection and some pullback into a higher-low base.
- Breakout & continuation higher in subsequent periods.
The funding rate for open interest remains positive, and such one‑sided liquidity events have historically preceded periods of price stabilization before a significant breakout, similar to the pattern observed in 2020.
