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Hedera HBAR Shows Signs of Recovery After 60% Drop From Peak
Hedera HBAR Shows Signs of Recovery After 60% Drop From Peak
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[TRADE_PLUGIN]HBARUSDT,HBARUSDT[/TRADE_PLUGIN]
Hedera HBAR News -
Hedera (HBAR) is displaying early indications of stabilization following a sharp 60% decline from its recent high. The cryptocurrency has been consolidating between $0.14 and $0.15 after being unable to break through the $0.155 resistance level. Traders are monitoring whether HBAR can maintain support levels as a potential signal for recovery.
Open interest data shows capital outflows during the downturn, but recent slight increases in both price and OI suggest possible accumulation. The HBAR/USDT hourly chart shows weakening momentum, though technical indicators point to potential basing formation after the extended correction.
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