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Hedera HBAR Holds Strong With 55% Monthly Surge, Eyes Breakthrough at $0.275 Resistance
Hedera HBAR Holds Strong With 55% Monthly Surge, Eyes Breakthrough at $0.275 Resistance
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[TRADE_PLUGIN]HBARUSDT,HBARUSDT[/TRADE_PLUGIN]
Hedera HBAR News -
Hedera's HBAR token has rallied impressively with a 55% gain over the past month, briefly surpassing $0.30 before stabilizing at $0.2419. Traders are now monitoring the $0.238 support level, with $0.275 acting as a key resistance threshold.
Market sentiment remains split: some investors are holding positions, encouraged by HBAR's consistent performance above critical moving averages, while others await a confirmed breakout above $0.275 to signal continued bullish momentum.
Analyst Gilmore Estates highlights sustained investor interest despite recent pullbacks. Robust trading volumes indicate strong confidence in HBAR's long-term potential, with the token retaining significant gains from its earlier monthly surge.
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