🚀 $HBAR has gained for two straight weeks and is now trading at $0.2086, its highest level since March 3. The token is up 61% from its April low and 356% from its 2024 bottom.🔥

To reach the $1 milestone, #Hedera needs to rally another 379% — a move that isn’t unprecedented given its historical price surges.

On the weekly chart: ⬇️

➡️ #HBAR bottomed at $0.1246 in April before rebounding to $0.2185.

➡️ It broke above key resistance at $0.1815 (April 22, 2023 swing high) and the neckline of a long-term double-bottom pattern at $0.04172.

➡️ The token has also climbed above the 50-week EMA and the major pivot on the Murrey Math Lines, both strong bullish signals.

➡️The next major target is $0.3965, the 2024 high — roughly 90% above current levels. A break above that would invalidate the looming double-top pattern and open the path toward $0.5820 (ATH), with $1 becoming a more realistic target.

➡️ However, a drop below $0.1245 (April low) would dampen the current bullish momentum.

Fundamentally, optimism is building: 🚀

1️⃣ A potential ETF approval could spark further upside.

2️⃣ Hedera is making strides in the tokenization space, recently partnering with Tokeny Solutions, a firm linked to major players like Credit Agricole and ABN AMRO.

3️⃣ Its low transaction fees could make it a go-to network for real-world asset (RWA) tokenization.