Hedera HBAR Surges 40%: Eyes $0.32 and $0.40 Targets in Bullish Breakout
Hedera's HBAR token has rallied 40% in a week, breaking key resistance levels to trade at $0.2789. The surge, backed by $1.75 billion in daily volume, signals renewed market confidence after months of sideways movement.
Technical indicators confirm a bullish reversal, with HBAR holding support above $0.25. The token's market cap now reaches $11.82 billion as it emerges among the week's top-performing altcoins.
Next resistance levels are identified at $0.32 and $0.40, with strong spot market buying pressure suggesting further upside potential. This breakout represents a significant departure from HBAR's previous tight trading range.