Hedera HBAR Technical Analysis Points to Potential Rally Toward $1.80 as Key Fibonacci Support Holds Strong

[TRADE_PLUGIN]HBARUSDT,HBARUSDT[/TRADE_PLUGIN] Hedera HBAR News - Hedera's HBAR token has successfully rebounded from a crucial Fibonacci support level at $0.22, generating bullish momentum among technical analysts. The 0.382 retracement level now acts as a launchpad for potential upward movement, with chart patterns confirming the continuation of the current trend. Fibonacci extensions outline an ambitious trajectory, projecting $1.20 and $1.80 as the next significant resistance zones. These targets align with the 1.272 and 1.414 extensions—historical inflection points in trending markets. Market structure remains constructive as long as HBAR maintains its position above the $0.22 support floor. Fundamental metrics from BraveNewCoin appear to support the technical outlook, though specific data points were not detailed in the report. The convergence of chart-based signals and underlying network activity presents a compelling case for HBAR's medium-term performance.