HBAR Technical Analysis Feb 28

While HBAR’s RSI at 51.69 wanders in the neutral zone, MACD’s positive histogram indicates bullish momentum, but the overall downtrend and Bitcoin pressure may limit short-term recovery.

Trend Status and Momentum Analysis

HBAR is trading at the 0.10 dollar level as of February 28, 2026, and experienced a 2.15% decline in the last 24 hours. The daily range is stuck between 0.10-0.11 dollars, and volume remained at moderate levels with 82.78 million dollars. Although the overall trend is downward, momentum indicators are giving mixed signals. Being positioned above short-term EMAs creates bullish hope, while the Supertrend indicator still gives a bearish signal and points to the 0.12 dollar resistance. In terms of momentum, the RSI’s neutral level and MACD’s positive histogram highlight the potential for a reaction buy, but the lack of volume confirmation weakens trend strength. When examining multi-timeframe (MTF) alignment, a total of 12 strong levels were detected in 1D, 3D, and 1W charts: 2 supports/2 resistances in 1D, 3 supports/1 resistance in 3D, 2 supports/4 resistances in 1W. This confluence makes the supports at 0.0949 dollars (score 71/100) and 0.0899 dollars (68/100) critical, while resistances at 0.1005 (76/100) and 0.1040 (73/100) dollars stand out. In this environment where momentum remains weak, a trend change seems difficult without a volume increase.

RSI Indicator: Buy or Sell?

RSI Divergence Analysis

The 14-period RSI is currently at 51.69 and positioned in the neutral zone. This value is far from overbought (above 70) or oversold (below 30) conditions, but despite the recent declines, the RSI’s relative resilience as the price fell to 0.10 dollars is noteworthy. There is no sign of regular bearish divergence; on the contrary, the RSI stabilizing in the 45-55 band while the price makes new lows implies a hidden bullish divergence. This situation indicates that momentum is tending to bottom out and could pave the way for a short-term bounce. The regular bullish divergence seen in previous weeks has not yet been fully confirmed, as the RSI has not exceeded 60. While divergence analysis signals waning selling pressure, a drop below the 50 level could strengthen bearish momentum. Overall, as long as the RSI remains neutral, an rise to the 55-60 band should be expected for a buy signal.

Overbought/Oversold Regions

The RSI’s value of 51.69 is neither in the overbought nor oversold region. Despite the decline in the last 24 hours, the RSI holding around 50 shows that momentum has not exhausted. Historically, strong recoveries have been observed in HBAR when RSI drops below 30, but the current neutral position supports sideways movement. If approaching the oversold region (below 30), the 0.0949 support level may come into play; for overbought, RSI above 70 could test the 0.12 resistance. In momentum confluence, RSI supports the bullish tendency in line with MACD, but the downtrend remains dominant.

MACD Signals and Histogram Dynamics

The MACD indicator is in bullish mode; a positive histogram is observed above the signal line. The histogram bars have shown a slight expansion tendency recently, signaling strengthening momentum, but for a full bounce, the histogram needs to reach more pronounced positive values. The MACD line (approximately 0.0015) has crossed above the signal line (0.0008), and this crossover confirms short-term buy momentum. The histogram remaining positive but narrow indicates that bullish strength is limited and the bearish trend still holds dominance. The slight expansion after the narrowing seen in previous bars may signal an accumulation phase. If not confirmed by volume, this signal remains weak; the 82.78 million dollar volume is insufficient to support momentum. For a sell signal, the histogram approaching zero and turning negative should be monitored.

EMA Systems and Trend Strength

Short-Term EMAs

HBAR price is trading above EMA20 (0.10 dollars), classifying the short-term trend as bullish. The ribbon between EMA10 and EMA20 is narrowed, indicating momentum is in a consolidation phase. Short-term strength has increased since the price has held the EMA20, but daily candle closes are testing this support. While short-term EMA dynamics offer hope for a reaction buy, the lack of volume limits trend strength.

Medium/Long-Term EMA Supports

The price continuing below the medium-term EMA50 (0.105) confirms the overall trend is downward. EMA200 (0.112) stands as a distant resistance, and the bearish ordering of the ribbon (longer EMAs below shorts) reinforces momentum weakness. At medium/long-term supports, the 0.0949 level is converging with EMA50; in case of a breakdown, 0.0899 could be tested. For the EMA ribbon to expand, the price must exceed 0.1040; the current dynamics show low trend strength.

Bitcoin Correlation

Bitcoin is at the 65,859 dollar level with a 2.40% decline in a bearish trend; Supertrend gives a bearish signal. Main supports are 64,386, 62,487, and 60,000 dollars; resistances are 66,284, 68,847, and 70,991 dollars. As a highly correlated altcoin with BTC, HBAR is directly affected by BTC’s decline. If BTC breaks the 64,386 support, HBAR could accelerate below 0.0949; if BTC recovers, HBAR could challenge the 0.1040 resistance. As BTC dominance increases, a cautious approach is necessary for altcoins in HBAR Spot Analysis and HBAR Futures Analysis. Targets: Bullish 0.1378 (score 25), bearish 0.0722 (score 28).

Momentum Result and Expectations

Momentum indicators are mixed: RSI neutral, MACD positive histogram, EMA20 support offers bullish hope, but overall downtrend and BTC pressure dominate. Volume increase is expected; otherwise, sideways movement continues. Critical levels: Supports 0.0949-0.0899, resistances 0.1005-0.1040. For bullish scenario, RSI above 60, MACD expansion; for bearish, RSI below 45 and EMA20 breakdown. While momentum confluence supports short-term reaction, trend strength is low. Observation: Volume and BTC movements will be decisive.