$HBAR

Trading Analysis

Hedera (HBAR) Retesting Key Breakout – Is a Bounceback on Horizon?

Hedera (HBAR) Retesting Key Breakout – Is a Bounceback on Horizon?

Daftar Isi

Retesting Inverse Head and Shoulders Breakout

What’s Next for HBAR?

Date: Fri, May 16, 2025 | 04:50 AM GMT

The cryptocurrency market is showing strong signs of recovery, with Ethereum (ETH) continuing to lead the charge. ETH has climbed over 62% in the past month and is now trading near the $2,550 mark — its highest level in months. This upward momentum is lifting investor sentiment across major altcoins, including Hedera (HBAR).

HBAR has recorded gains of over 26% this month, but its recent pullback is drawing attention. The token is now retesting a key breakout level, raising the possibility of a strong bounce back — or a deeper correction.

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