Hedera HBAR Technical Setup Signals Bullish Reversal, Eyes $0.24 Target

[TRADE_PLUGIN]HBARUSDT,HBARUSDT[/TRADE_PLUGIN] Hedera HBAR News - Hedera's HBAR token is showing signs of a bullish reversal following recent declines, with technical indicators pointing to a short-term target of $0.24. The cryptocurrency currently trades at $0.22, down 1.57% on the day, but market structure suggests accumulation at oversold levels. Analysts identify key resistance at the upper Bollinger Band ($0.26) with strong support holding at $0.21. Medium-term projections remain optimistic, with price targets ranging between $0.30-$0.36 representing potential upside of 36-64% from current levels. CoinCodex maintains a long-term bullish outlook, forecasting HBAR could reach $0.84 by 2030. Their near-term $0.24 target aligns with current technical analysis, suggesting a 9.1% upside potential within the coming week.