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Hedera HBAR Shows Signs of Pullback After Failing to Break Key $0.26 Resistance
Hedera HBAR Shows Signs of Pullback After Failing to Break Key $0.26 Resistance
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[TRADE_PLUGIN]HBARUSDT,HBARUSDT[/TRADE_PLUGIN]
Hedera HBAR News -
Hedera Hashgraph's HBAR is displaying weakening momentum following its rejection from the critical $0.26 resistance level. This setback suggests a potential deeper correction toward $0.18, where technical factors like the point of control and the 0.618 Fibonacci retracement could provide a base for recovery.
The market structure appears fragile, with HBAR's previous rally lacking substantial support zones, creating a price vacuum. A continued inability to reclaim the $0.26 resistance may trap the token in a range between $0.12 and $0.26, testing the patience of investors.
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