Key Takeaways:
- HBAR surged 12% to $0.095 after bouncing from the $0.085 support zone
- Open Interest climbed to $33 million, signaling fresh positioning behind the rally
- Whale wallets holding over 1 million HBAR rose to 55% of total supply
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Hedera jumps 12% to $0.095 on $33M open interest surge
HBAR rose 12% to $0.095 on May 29 after bouncing from the $0.085 support zone, with Open Interest climbing to $33 million.
"Open Interest rising alongside price points to active positioning rather than passive trading," according to Coinglass data. Santiment data showed the share of supply held by wallets with over 1 million HBAR climbed to 55%.
The rally followed Hedera being named a finalist for Best Blockchain for Mainstream Financial Services at the Future of Finance Awards 2026. Network trading volume spiked to 280 million alongside the price move, per Santiment.
The $0.085 level has acted as a reliable demand zone in prior selloffs. If buying pressure continues, HBAR could target the $0.10 psychological resistance, where liquidity has accumulated.
The two-day winning streak marks a shift in short-term momentum. The bounce from $0.085 was decisive — price did not stall but pushed higher with follow-through into a second session, according to TradingView data. That kind of continuation suggests the demand zone is holding with conviction rather than acting as a temporary floor.
This article is for informational purposes only and does not constitute investment advice.
