HBAR’s $0.0726 Level Takes Center Stage in Bullish Reversal Call

An analyst from LuckSide Crypto Show argued that Hedera’s HBAR is forming what he called its “most bullish setup of 2026,” pointing to an inverse head-and-shoulders pattern, improving momentum indicators and a possible shift in capital flows back into digital assets.

The claim matters because HBAR has struggled to clear its longer-term trend resistance since May, making the next move around its 50-day moving average particularly closely watched.

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The analyst identified roughly $0.0726 as the key neckline for the chart formation. A sustained move above that area, he said, could signal that “it’s kind of go time” for HBAR in the near term, while stressing that it would not necessarily mean an immediate market-wide explosion.

Momentum signals turn higher, but resistance remains

The YouTube clip highlights HBAR’s move above its 20-day moving average and repeated tests of the 50-day moving average, a level the token has reportedly failed to break decisively since May. Relative Strength Index readings were described as climbing from the middle of their range, leaving room for further upside rather than suggesting an overheated market.

Weekly Stochastic RSI has also turned bullish, according to the analyst. He compared the current setup with prior periods in which HBAR rallied sharply, including a move from roughly $0.12 to $0.30 after a June 2025 decline and a reported 500%-to-600% advance following a similar RSI shift in November 2024.

Those comparisons are technical analogies rather than forecasts. LuckSide acknowledged that chart patterns can fail and that a broader crypto downturn would undermine the case.

USDT dominance is the broader market signal to watch

Beyond HBAR, the analyst focused on USDT dominance as a gauge of whether capital is moving out of stablecoins and into risk assets. He said the dominance chart had been rejected near a “rainbow regression curve” and was approaching its 200-day moving average, a level he associates with major changes in crypto-market direction.

In his view, a break below that moving average could coincide with a broader rally, potentially requiring only a 20% to 25% market advance to trigger stronger optimism, FOMO and short-liquidation pressure. Bitcoin, he added, is also building an inverse head-and-shoulders structure, with a neckline near $66,500 to $66,800.

Institutional positioning could matter more than headlines

The analyst cited tokenization developments, including Wells Fargo’s reported plan to roll out tokenized deposits for corporate clients in the fall, as part of a widening institutional focus. He argued that Hedera’s partnerships and governing-council additions could position HBAR well if enterprise blockchain adoption accelerates during the next cycle.

For traders, the immediate issue is less the number of HBAR announcements than whether price clears $0.0726 alongside improving Bitcoin and stablecoin-dominance trends. LuckSide’s view is that the market may be near a bottom, though he flagged regulatory setbacks, war-related news and a potential stock-market selloff as risks that could change that picture.

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