Hedera (HBAR) Shows Bullish Potential as MACD Signals Breakout
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.