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Hedera HBAR Technical Breakout Signals Rally Toward $0.31 Target
Hedera HBAR Technical Breakout Signals Rally Toward $0.31 Target
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[TRADE_PLUGIN]HBARUSDT,HBARUSDT[/TRADE_PLUGIN]
Hedera HBAR News - HBAR has recently broken out from a descending wedge pattern, indicating a shift from consolidation to upward momentum. Technical analysis suggests a potential rally toward the $0.31 target level. The retest phase has confirmed strong underlying demand, supported by healthy trading volume and aggressive buyer participation. Currently trading at $0.25 with a 2.67% gain over the past 24 hours, Hedera maintains a market capitalization of $10.57 billion. Trading volume exceeding $305 million reflects steady activity despite broader market volatility. Growing market Optimism surrounding upcoming network developments and favorable seasonal trends continues to support the bullish outlook for HBAR.
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