HBAR surged 27.32% to an intraday high of $0.1310 on September 28, then reversed 16.09% the next day. The token now trades in a narrow band between $0.1010 support and $0.1094 resistance, with an overbought daily RSI raising the bar for any renewed advance.
HBAR must clear $0.1094 before the September rally can be called back on, after a 27.32% spike to $0.1310 on September 28 gave way to a 16.09% decline the following day. The token was changing hands at $0.1064 on October 1, sitting below that resistance while holding above a support cluster near $0.1010 and $0.1007.
HBAR holds above its moving averages but RSI flags overbought conditions
HBAR remains above all three supplied exponential moving averages: the 20-day stood at $0.09233, the 50-day at $0.08322 and the 200-day at $0.08750 on September 29. That trend backdrop is constructive, but the daily 14-period relative strength index reached 76.59 on the same day, a reading above 70 that marks the market overbought. Blockspot separately reported a strongly positive MACD-based signal alongside an Extreme Greed score of 88 out of 100, though it does not publish the underlying MACD line.
Trading volume has stayed elevated after the swing. HBAR's 24-hour turnover was approximately $843.65 million on October 1, activity that can accompany either buyers absorbing the pullback or sellers continuing to distribute.
Reclaiming resistance would open the path toward the rally high
For an upside continuation, HBAR would first need to retake $0.1094. Clearing that pivot would shift focus to $0.1230, the recovery cap identified after the pullback from the spike, with the September 28 high of $0.1310 only then becoming the relevant test. A higher resistance near $0.15562, tied to a triangle-breakout trigger, remains contextual while price stays below those nearer levels.
On the downside, holding $0.1010 and the $0.1007 Fibonacci support zone would show buyers defending the post-rally range. Losing it would expose $0.0940 as the next level, with a deeper $0.07190 September base further below.
Hedera has also announced a policy change limiting atomic batches to one smart-contract call from September 2026, ahead of removing such calls from atomic batches entirely in March 2027. The network keeps a visible enterprise presence too, participating in Sibos and The AI Conference through October 1. Neither development is tied to the short-term price swing, but both keep attention on the token as the $0.1094 test plays out.
Source: Crypto Daily™
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