Hedera Hashgraph is trading at $0.09922 on March 5, down 0.34% on the hour after a week that saw three distinct spikes above $0.10 all fail to hold.
The pattern crypto trader GainMuse identifies is a tightening compression channel above rising support, the kind of structure that precedes a sharp directional move in either direction.
The TradingView one-hour chart covers February 28 through March 5. HBAR opened the period around $0.0970, spiked to $0.1020 on March 1, sold back to $0.0963, recovered to $0.1015 on March 2, sold back again to $0.0960, then ground lower to $0.0965 on March 3 before the broader market rally on March 4 pushed it to a weekly high of $0.1035.
That high did not hold either. HBAR pulled back to $0.1000, briefly recovered to $0.1015, and is now sitting at $0.09922 in the final hours of March 5. Three separate attempts above $0.10 in a single week, all rejected. That level is clearly contested.
What the chart also shows is that each selloff found support at a higher level than the previous one. The February 28 low was around $0.0940. The March 3 low was $0.0965. The most recent pullback found support closer to $0.0990. Higher lows while resistance holds is the compression structure GainMuse identified.
GainMuse’s analysis identifies $0.1100 as the key upside trigger. A sustained move above that level could open the path toward $0.1200 resistance. The invalidation level sits at $0.0950, below which the bullish compression setup fails and the prior downward channel reasserts control.
At $0.09922, HBAR sits approximately 11% below the upside trigger and roughly 0.7% above the invalidation level. That is an asymmetric setup but not a comfortable one. The distance to invalidation is thin, meaning a single aggressive sell session could flip the structure from bullish compression to bearish continuation without much warning.
The compression is tightening. Volume on March 5 at 6.85 million HBAR in the most recent hour is elevated relative to the prior two days, suggesting the market is paying attention to the level even if it has not committed to a direction yet.
Whether $0.10 becomes support or resistance from here is the question the chart is building toward answering.
The post Hedera Is Compressing Just Below $0.10 – The Next Move Could Be Significant appeared first on ETHNews.

