Hedera HBAR Nears $0.30 Milestone Amid $1.65 Billion Trading Frenzy

Hedera's HBAR token is on the verge of breaking through the $0.30 resistance level, having already surged 100% from recent lows. Trading volume has exploded to $1.65 billion, with futures market activity confirming robust bullish momentum.

Technical indicators reveal strong upside potential: VWAP indicates dominant buy-side pressure, MACD shows sustained upward momentum, and RSI remains in bullish territory without reaching overbought conditions. The rally was fueled by a rebound from key Fibonacci support levels between $0.14-$0.17.

Growing institutional interest is evident as large-volume traders respond to the VWAP premium - a clear indicator of smart money accumulation. The $0.30 level now serves as both a psychological barrier and potential inflection point for HBAR's next major move.