BTCC
/
BTCC Square
/
Global Cryptocurrency
/
Hedera HBAR Targets $0.20 as Open Interest Soars and Bullish Momentum Builds
Hedera HBAR Targets $0.20 as Open Interest Soars and Bullish Momentum Builds
11
2
[TRADE_PLUGIN]HBARUSDT,HBARUSDT[/TRADE_PLUGIN]
Hedera HBAR News -
Hedera’s HBAR is challenging the $0.20 resistance level, with traders aggressively positioning for a potential breakout. Open interest surged 46.8% within 48 hours, reaching $232 million, indicating strong activity in perpetual contracts.
Positive funding rates highlight dominant long positions, signaling market confidence in HBAR’s upward trajectory. The altcoin’s price action demonstrates a positive feedback loop: increasing prices draw more capital, which further drives appreciation.
By:
Previous
Jio Financial Shares Poised for 300 Target Amid Bullish Analyst Sentiment
Next
KiloEx to Compensate Users Impacted by $7M Attack
