BTCC
/
BTCC Square
/
Global Cryptocurrency
/
Hedera HBAR Breaks Key Fibonacci Resistance, Bullish Momentum Building
Hedera HBAR Breaks Key Fibonacci Resistance, Bullish Momentum Building
4
2
[TRADE_PLUGIN]HBARUSDT,HBARUSDT[/TRADE_PLUGIN]
Hedera HBAR News -
Hedera's HBAR token has surged past critical Fibonacci resistance levels, indicating a potential bullish reversal. Technical analysis shows a double bottom pattern and recovery within the Gaussian channel—both strong indicators of upward momentum.
The cryptocurrency is now testing key thresholds at $0.26 support and $0.27 resistance. Despite a minor 24-hour pullback, market structure remains constructive, with traders anticipating the uptrend to continue.
Analysts emphasize the significance of the Gaussian channel reclaim. This volatility metric suggests HBAR has regained its bullish footing, demonstrating resilience against turbulence in the memecoin sector.
By:
