Hedera HBAR Shows Resilience: Signs of Bullish Reversal After Testing Weekly Lows

Hedera (HBAR) is displaying tentative signs of recovery after hitting weekly lows, with short-term charts showing renewed buyer interest. The cryptocurrency''s modest rebound occurs amidst broader market uncertainty, yet technical patterns hint at a potential bullish reversal.

Key indicators suggest cautious optimism: increasing open interest, stronger intraday support levels, and improved volume dynamics. HBAR''s bounce from recent lows has captured attention across multiple timeframes, though the sustainability of this MOVE remains unconfirmed.

June has been volatile for HBAR, featuring a sharp decline on June 6 followed by tight consolidation around $0.165. The subsequent rally to $0.185 on June 10-11 saw open interest spike—a clear signal of new capital entering the market—before profit-taking pared gains. This price action illustrates the ongoing tension between bullish momentum and prevailing macroeconomic challenges.