Hedera went below the flush, October 2025, and hit the lowest price since November 2024. As soon as this happens two things happen: 1) There is a recovery back above the flush low and 2) we get high volume on the lower low and recovery candle.
The second part of this signal, the high volume and lower low candle closing green, is what reveals the end of the down-move, potentially.
Notice that the action is happening within a falling wedge pattern. Sooner or later, this always leads to a bullish breakout. The stronger the crash, the stronger the reversal that follows.
Ok, so the market will turn bullish but the tricky part is to know how high it will go. It is hard because we are getting a relief rally but there is no limit to how strong this relief rally will be.
For example, if bullish action is present for two months, lots can happen in this time window and this opens up the previous high around July 2025 as the next target. More than 235%.
A weaker relief can end at $0.21 with 135% profits potential. This can happen within weeks or days, an entire month is not needed.
It is possible we get a move similar to November 2024 and this would mean the higher target, but it is too early for me to say. I haven't seen any of the big projects moving in 2026 so we have nothing to go by.
Your guess is as good as mine as to how far prices can go but, I can say that we are definitely looking at a good bullish reversal zone.
Namaste.
✅ Trade here on $HBAR