Hedera (HBAR) Shows Signs of Recovery as Analyst Identifies Key Support Levels

Hedera's HBAR token is showing gradual recovery signals, with technical analysis suggesting potential upside from its current level of $0.13842. Market observers note the formation of a short-term base, supported by consistent trading volume and indicator behavior.

Crypto analyst Finora highlights a critical support range between $0.14300 and $0.13842 on the HBAR/USDT pair. The token has stabilized above $0.14400 following recent declines, with this zone now acting as a potential springboard for upward movement.

Key resistance levels are identified at $0.15649 and $0.16335, contingent on confirmation through reversal patterns or liquidity sweeps. The analysis maintains a cautiously optimistic outlook, though warns that a close below $0.13842 without recovery WOULD invalidate the bullish thesis.