Hedera price outlook as Upbit halts trading before upgrade

Hedera ($HBAR) is in focus as traders weigh a network upgrade and a temporary suspension on one of South Korea’s largest exchanges.

The token is hovering just under the $0.10 mark at a time when sentiment is fragile but not outright bearish.

Upbit suspension puts short-term pressure on flows

Upbit has announced that $HBAR deposits and withdrawals will be suspended from February 25 at 18:00 KST due to a scheduled Hedera Hashgraph network upgrade.

Trading will continue as normal, but the pause in transfers could temporarily affect liquidity and exchange flows.

Normally, when deposits and withdrawals are halted, arbitrage activity slows, and that can lead to tighter ranges or short-lived price imbalances.

Some traders may choose to reduce exposure ahead of the suspension to avoid operational delays.

Others may see it as a non-event since the upgrade is planned and trading remains open.

Historically, exchange-related suspensions tied to network upgrades tend to create short bursts of volatility rather than lasting trend reversals.

Still, the timing matters because $HBAR is already trading near a key psychological level.

Technical signals show a market at a crossroads.

$HBAR is currently priced around $0.099, with a 24-hour range between roughly $0.096 and $0.099.

The token is down more than 55% over the past year and remains over 80% below its all-time high of $0.5692 set in September 2021.

That broader downtrend has shaped trader expectations and made rallies harder to sustain.

Recently, a hidden bearish divergence appeared on the daily chart, echoing a setup that previously preceded a sharp decline.

This signal has caught the attention of short-term traders who remember the last 40% drop.

However, the current derivatives data tells a slightly different story.

Open interest in $HBAR futures, according to Coinglass data, is lower than it was during the prior breakdown, suggesting less aggressive leverage in the system.

Funding rates have also leaned negative, which implies that the market is not overcrowded with bullish bets.

In practical terms, that reduces the risk of a cascade of liquidations if the price dips.

At the same time, $HBAR has been trading within a falling wedge pattern, which is often associated with potential bullish breakouts.

That leaves the market balanced between caution and opportunity.

Fundamentals add a layer of long-term support

Beyond charts and exchange mechanics, Hedera recently gained a major boost in credibility after FedEx joined the Hedera Governing Council, adding a global logistics heavyweight to the network’s enterprise roster.

Council members operate nodes and help steer protocol decisions, which strengthens Hedera’s governance model.

The addition of a Fortune 500 company signals institutional confidence in the network’s long-term vision.

For long-term holders, that kind of development carries more weight than a temporary exchange suspension.

It reinforces the idea that Hedera is positioning itself as a trusted infrastructure layer for real-world applications.

While fundamentals do not always drive short-term price moves, they tend to shape the broader trend over time.

Hedera price forecast

In the near term, the first key support sits around $0.092, where buyers have previously stepped in.

A break below that zone could open the door toward the deeper support near $0.083.

On the upside, the $0.107 level stands out as an important resistance and potential breakout trigger.

According to analysts, if $HBAR reclaims and holds above $0.107, momentum could shift in favour of the bulls.

However, failure to break that level, especially after Upbit lifts the suspension, may keep the price locked in a broader consolidation range.

For now, $HBAR appears to be in a wait-and-see phase, with the network upgrade acting as a short-term catalyst and technical structure guiding the next decisive move.