HBAR Bullish Setup Takes Shape as Analyst Targets $0.0726 Neckline
An analyst from LuckSide Crypto Show believes that Hedera's HBAR is forming its most bullish setup of 2026, pointing to an inverse head-and-shoulders pattern and improving momentum indicators.
The key neckline for this chart formation is around $0.0726, and a sustained move above it could signal 'it's kind of go time' for HBAR in the near term.
Momentum signals are also turning higher, with HBAR moving above its 20-day moving average and repeatedly testing its 50-day moving average.
The analyst is cautious, however, noting that chart patterns can fail and that a broader crypto downturn would undermine the case for a rally in HBAR.