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Hedera (HBAR) Shows Bullish Potential as MACD Signals Breakout

Hedera (HBAR) Shows Bullish Potential as MACD Signals Breakout

Published:
2025-05-23 07:25:14
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[TRADE_PLUGIN]HBARUSDT,HBARUSDT[/TRADE_PLUGIN]
Hedera HBAR News -

Hedera’s HBAR is displaying strong resilience, maintaining its position above the crucial $0.18-$0.197 support zone. A sharp price reaction in this range has sparked buying interest as traders eye potential upward momentum.

The daily chart indicates a breakout from a falling channel pattern, though a retest of the breakout zone is still pending. Given Hedera’s history of rapid momentum shifts, it may bypass retests entirely.

Market focus is now on the $0.206-$0.223 resistance band, which has previously capped rallies. The current buildup in momentum could drive HBAR past this barrier, opening the door for further gains.

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