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Hedera HBAR Surges 12% to Break $0.19 as Technicals Flash Bullish Reversal Signals
Hedera HBAR Surges 12% to Break $0.19 as Technicals Flash Bullish Reversal Signals
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[TRADE_PLUGIN]HBARUSDT,HBARUSDT[/TRADE_PLUGIN]
Hedera HBAR News -
Hedera's HBAR token has rallied above $0.19 with a 12% daily gain, showing strong technical indications of a potential mid-term bullish reversal. The breakout from a descending wedge pattern, identified by analyst ZAYK Charts, suggests a momentum shift following extended consolidation.
The pattern's measured target points to $0.31, representing 72% upside potential from breakout levels, with key resistance markers at $0.22 and $0.26. The price movement has been accompanied by significant volume growth, reflecting robust institutional and retail demand for this Layer-1 blockchain asset.
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