HBAR is holding close to the psychologically important $0.10 area after a sharp late-September rally tied to IDTrust, a Hedera-based identity platform, appearing in the IBM Cloud Catalog. The development helped focus attention on Hedera, but the ensuing price action has been anything but orderly.

HBAR rose 27.32% on September 28 to about $0.1310, then fell 16.09% the next day, according to Crypto Daily. By October 4, it traded near $0.1015, still up 9.20% over seven days and 28.09% over 30 days, according to CoinStats. That leaves the market balancing a bullish post-news trend against a technically stretched setup and several overhead barriers before the prior peak.

HBAR daily indicators show bullish momentum alongside an overbought warning

The October 4 daily snapshot presents a constructive trend picture. MACD was positive with an expanding histogram, a signal associated in the published reading with strengthening upside momentum. The same snapshot described a strong bullish daily composite, with HBAR trading above all four moving averages tracked by the source, though it did not provide the averages’ numerical values.

There is a material counterweight: daily RSI(14) was reported at 78.6. That is an overbought reading, meaning the rally had generated strong momentum but also left HBAR more exposed to a pullback or consolidation than it would be at a lower RSI. Overbought does not itself establish that a reversal is due; it does make the $0.10 area more consequential if momentum cools.

Recent RSI readings also differ across published snapshots. An October 2 reading placed daily RSI at 59.4, while a separate October 2 technical review reported MACD above its signal line, bullish 12/26 EMA alignment and a bullish daily composite. The divergence with the 78.6 RSI reported two days later means the precise degree of overbought pressure should be treated cautiously rather than as a single settled measurement.

Derivatives positioning adds to the sensitivity around those signals. Open interest reportedly rose 47% to nearly 1.2 billion HBAR after September 28, a one-year high that Bitzo said increased liquidation sensitivity near technical levels. In practical terms, that backdrop can amplify moves through support or resistance, in either direction, after such a rapid rally and reversal.

HBAR support at $0.1010–$0.1007 and the resistance path toward $0.1310

At a spot price near $0.1015, the nearest support sits immediately below the market. The $0.1010 Fibonacci level and the $0.1007 daily pivot form a compact post-rally support cluster. Holding that area would preserve the argument that HBAR has absorbed much of the initial reversal while remaining near the $0.10 line.

LevelRolePublished basis$0.1010Nearest supportFibonacci support in the post-rally cluster$0.1007Primary pivot supportSecondary support in the post-rally zone$0.0958Lower supportDaily S3 pivot and strongest support in the cited set$0.1048Nearest resistancePivot, Fibonacci, moving-average and volume-profile confluence$0.1094Next resistancePrimary daily pivot resistance$0.1230Recovery capLevel identified after the September 28 reversal$0.1310Major resistanceSeptember 28 swing high and rally peak

The first upside test is $0.1048, identified as a resistance cluster with pivot, Fibonacci, moving-average and volume-profile confluence. A move above it would not by itself restore the September spike, but it would put $0.1094—the next primary daily pivot resistance—back into immediate focus.

Above $0.1094, the path remains layered. HBAR would need to negotiate the $0.1230 recovery cap before it could revisit $0.1310, the September 28 swing high. Those levels matter because the prior advance failed sharply after reaching the high; they are therefore more meaningful than treating $0.13 as an unobstructed destination.

On the downside, a sustained loss of the $0.1010–$0.1007 cluster would weaken the near-term structure and turn attention to $0.0958, the daily S3 pivot. The level map is conditional, not predictive: support must hold to underpin a recovery attempt, while resistance must be cleared to validate one.

Can HBAR put $0.13 back on the map after the IBM Cloud rally?

Yes, $0.13 is back on the map as a conditional retest scenario, not as an established near-term outcome. The IBM Cloud Catalog-linked IDTrust news supplied the catalyst for HBAR’s late-September repricing, and the token remains near $0.1015 after the reversal. The positive MACD, expanding histogram and reported position above four tracked moving averages keep the broader daily signal constructive.

For the case to strengthen, HBAR would need first to hold the $0.1010–$0.1007 support cluster, then reclaim $0.1048 and $0.1094. A recovery through the $0.1230 cap would make a test of the prior $0.1310 high technically more credible. In that sense, the $0.13 figure in the title is best viewed as the old rally peak that would be revisited only after several intervening hurdles are removed.

The main constraint is that the latest reported daily RSI of 78.6 indicates an overbought market, even as other trend measures remain bullish. If that pressure unwinds and HBAR loses the nearby support cluster, the immediate $0.13 thesis would weaken and $0.0958 becomes the lower cited support to watch. Elevated open interest could make either resolution more abrupt, so the reaction at $0.1048, $0.1094 and $0.1230 is likely to be more informative than the headline target alone.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.