Analyzing how HBAR crypto retreated from 2026’s highs thanks to market-wide bearishness

Hedera [$HBAR] was a strong performer in the altcoin sector in the second half of September. From 14th to 28th September, $HBAR crypto rallied by 74.65% from $0.075 to $0.131.

At that time, it appeared the bulls could keep the price above the $0.107 swing level from February and even challenge the December 2025 high of $0.135.

However, this expectation reversed itself quite quickly. Following Bitcoin’s [BTC] retracement from $87K earlier this month, there was market-wide short-term bearish conviction.

Hitachi completed its service on the Hedera council on 30th September. Together, these developments piled up the sell pressure on $HBAR crypto, forcing a full retracement of the nearly 30% gains made recently.

$HBAR crypto falls short of clearing the February high at $0.107

In the last 24 hours, Hedera token’s prices have shed 2.9%, with its Open Interest dipping by a further 4%. The bulls’ retreat back below the $0.10-psychological level was a concern for long-term buyers too.

The 78.6% Fibonacci retracement level was breached towards the end of 2025. Based on the rally in 2024, the swing structure’s low at $0.0417 remained intact. The $0.10-$0.13 supply zone overhead did not yield a breakout as the bulls hoped.

At the time of writing, the RSI was above neutral 50, and the OBV was beginning to recover. If Bitcoin can manage a resurgence and instill confidence in crypto, it could help $HBAR crypto recover towards the $0.131 high.

Traders’ call to action – Stay cautious

The 4-hour swing structure seemed to be on the verge of breaking bearishly. The recent price correction threatened to fall below the $0.088 swing low from September. If it does, it would confirm a bearish structure shift.

A good short-term sign of recovery would be a rise in trading volume and a price move back above the $0.10-psychological round-number resistance. Failure to overcome the $0.095-$0.10 supply zone soon will give sellers a bigger advantage.

Final Summary

• $HBAR crypto wiped out the 30% gains from last week as it recorded a steep short-term correction, alongside a wider-market sell-off.
• The $0.095-$0.10 supply zone is key for bulls to overcome, and a drop below $0.088 would confirm a bearish structure shift.