Hedera HBAR Eyes $1.80 Breakout as Bullish Wave Pattern Emerges

[TRADE_PLUGIN]HBARUSDT,HBARUSDT[/TRADE_PLUGIN] Hedera HBAR News - Hedera's HBAR token is showing strong signs of a potential breakout, with technical analysts projecting a climb beyond $1.80 if key support levels continue to hold. The asset currently trades around $0.21, supported by a well-established ascending channel that has provided structural foundation since 2020. ChartNerd analysts have identified a developing five-wave cycle, drawing comparisons to early 2021 when similar consolidation patterns preceded HBAR's rally to its all-time high. Short-term pullbacks may present accumulation opportunities for strategic investors, with Rocko highlighting $0.15 as an attractive entry point for long-term positions. The token's ability to maintain its ascending channel structure and confirm consistent higher lows remains crucial for sustaining the current bullish momentum.