Hedera HBAR Consolidates at $0.21, Bull Flag Pattern Suggests Potential 100% Rally to $0.40
Hedera Hashgraph's HBAR token is holding steady at $0.21 despite broader market caution, with traders watching for a potential breakout toward $0.40. The daily chart shows a tightening bull flag formation—a classic continuation pattern—indicating building momentum. Six pivot points within the wedge signal equilibrium between buyers and sellers, while the previous rally supports the bullish outlook.
Volume remains stable as the market awaits confirmation of an upward breakout. A successful move above resistance could trigger a NEAR 100% rally, making this one of the most closely watched technical setups among mid-cap altcoins. BraveNewCoin data confirms HBAR's current price action reflects disciplined consolidation rather than speculative excess.
