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Hedera HBAR Faces 11% Drop But Technicals Signal Imminent Rebound
Hedera HBAR Faces 11% Drop But Technicals Signal Imminent Rebound
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[TRADE_PLUGIN]HBARUSDT,HBARUSDT[/TRADE_PLUGIN]
Hedera HBAR News -
Hedera's HBAR token has experienced an 11% weekly decline, currently trading at $0.1374 with diminished trading volume. Technical analysis reveals promising reversal signals, with $0.1449 establishing itself as a robust support level.
Market analysts identify $0.151 as a key resistance threshold—a decisive breach could drive HBAR toward $0.181, representing a potential 25% surge. The MACD and RSI indicators demonstrate growing bullish momentum, while a moving average crossover suggests an impending trend reversal.
Long-term projections for 2025 remain strongly bullish, forecasting a 36.2% return on investment. Traders are closely observing Hedera's capacity to leverage this technical configuration for a sustained price recovery.
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