Hedera (HBAR) has grown by more than 5% over the past 24 hours, showing signs of short -term relief after a rough beginning of April.
Despite the rebound, the technical indicators are still indicated by a weak general trend, with a bear’s equalization of EMA and flat reading of ADX. The impulse remains uncertain, but the bulls still managed to protect key support levels.
Heder shows the early signs of a bull shift, but the trend is still weak
The DMI Hedera indicator shows its ADX in 19.8 – from 18.49 two days ago, but compared with the recent maximum 21.94 earlier today.
ADX (the average direction of direction) measures the strength of the trend, regardless of its direction. The values below 20 are usually indicated to the weak or consolidating market, while the indications above 25 suggest that a strong tendency develops.
The current ADX HBAR of about 20 suggests that the impulse is still relatively soft, without a clear directed force on the spot.
Looking at the indicators of the direction, +di (direction indicator) grew from 13.42 to 14.2, which showed a slight increase in bull pressure. Meanwhile, -DI decreased from 19.89 to 17.15, which indicates a weakening of a bear impulse.
This narrowing gap between +di and -di can signal the potential shift in favor of the bulls, but from ADX to 25 years this trend remains unconfirmed.
If +DI continues to rise and intersects above -DI, Hedera may try a short -term change, but so far the market remains in a cautious, lateral phase.
HBAR is part of the cloud zone as Trend Momentum mobile chambers
ICHIMOKU cloud diagram for HBAR reflects mainly a neutral and slightly bear tendency.
The price is currently traded below Kijun-Sen (Red Line) and very close to tenkan-sen (blue line), which indicates a weak short-term impulse and the absence of a clear direction.
Both lines are flat, which often signals consolidation and market indecision.
Looking into the future, Kumo (cloud) is relatively thick and bearish, with a Senkou span below Senkou B. However, the price action enters the cloud zone, which involves a possible exhaustion or transition of the trend.
The flight Chikou (Learing Green Line) is overlapping with recent price candles, strengthening the side prospects.
If HBAR does not break purely above the cloud and does not restore Kijun-Sen, the market will probably remain in the deduction scheme.
Heder holds key supports, but the bear is still preserved
The Hedera EMA lines are currently showing a bear structure, with short-term average values located below the long-term, a sign of a constant descending pulse.
Despite this, Hbar Price recently checked and held support for both $ 0.156 and $ 0.153, signaling that buyers are still protecting key levels. If the trend changes from here, HBAR may begin the recovery course, first aimed at resistance at 0.168 US dollars.
A break above this level can open the way up to $ 0.178, and if the bull impulse will intensify, the movement of $ 0.201 can follow.
On the other hand, in the case of a sales pressure resume, Heder can re -check the same support zones at $ 0.156 and $ 0.153.
The loss of these levels will significantly weaken the technical structure and can cause a deeper fall.
In this case, the next major support is lowered about $ 0.124, which will be a significant decrease and strengthen the current bear tendency.
