Hedera HBAR Gains Bullish Momentum, Eyes Breakout Above Key Resistance
Hedera's HBAR token has shown a strong rebound from the $0.105-$0.110 demand zone, signaling a potential shift in market structure. The 4-hour chart reveals a higher-low formation, suggesting weakening selling pressure and renewed buyer interest. A decisive break above the $0.11906 resistance could propel HBAR toward $0.12242, though failure to hold this level may delay further upside.
The token has surged 6.85% in the last 24 hours, trading between $0.106 and $0.116, with the price action forming a consistent pattern of higher highs and lows. This controlled accumulation indicates measured bullish momentum rather than speculative spikes.