Hedera HBAR Breaks Key Resistance, Bulls Eye $0.39 and Higher Targets
Hedera's HBAR has decisively broken above the $0.26–$0.29 resistance range on the monthly chart, signaling a potential end to its prolonged downtrend. Analysts highlight the structural significance of this breakout, with targets now set at $0.39200 and $0.75070. The asset is currently trading NEAR $0.2385 after a recent correction, but the broader bullish thesis remains intact.
Higher timeframe support zones at $0.18170 and $0.26480 offer accumulation opportunities. A monthly close above $0.26 is critical to sustain momentum. Short-term weakness emerged after an intraday sell-off, yet the medium-term outlook stays constructive.