An analysis suggests that Hedera (HBAR) is holding a price imbalance zone that could serve as a touchstone for its short-term direction. If this area holds during the current correction, the existing uptrend could resume.

■ Where the Imbalance Zone Formed

CryptoGoose, an active member of the CoinMarketCap community, analyzed the HBAR/USDT chart on the 20th and explained that a price imbalance zone formed during the rally. The key zone he identified is $0.06630–$0.06700.

In technical analysis, an area where relatively little trading occurred during a rapid price move is interpreted as an 'imbalance zone.' It is later used as a benchmark to gauge the reaction of buyers and sellers when price returns to that area.

■ Support Zone and Upside Target

CryptoGoose believes that if HBAR holds this zone through its correction, the bullish structure is likely to remain intact. He specifically cited the area around $0.06630–$0.06700 as a price level where buying entries could be considered.

On the upside, the previous high of $0.07150 was mentioned as the main target. Liquidity formed during previous trading likely exists at this level, so it is viewed as a point where buying pressure and profit-taking volumes would clash if HBAR rallies again.

■ Conditions for a Rebound and Risks

However, further gains are not guaranteed merely because the imbalance zone holds. If HBAR falls below $0.06630 and loses support, the short-term bullish scenario could also weaken. Conversely, if it defends the support zone and approaches the previous high with volume, the continuation of the uptrend can be reconfirmed.

On the upside, the area above $0.80–$1.00 was cited as the key breakout zone. The analysis suggests that if SUI breaks above this zone and the descending resistance line with volume, compressed volatility could expand and produce an upward move.

[This article was written with AI assistance. It is based on publicly available market analysis and does not recommend buying or selling any specific cryptocurrency. Technical patterns and target prices reflect the analyst's views and may differ from actual market movements. Cryptocurrencies carry high price volatility and the risk of principal loss, so investment decisions and responsibility rest with the investor.]