๐๐๐๐ฅ ๐ฆ๐๐ฟ๐ด๐ฒ๐ ๐ฐ๐ฌ%โ๐๐ฟ๐ฒ๐ฎ๐ธ๐ผ๐๐ ๐ฆ๐ฒ๐๐ ๐ฆ๐ถ๐ด๐ต๐๐ ๐ผ๐ป $๐ฌ.๐ฑ๐ฌ ๐ง๐ฎ๐ฟ๐ด๐ฒ๐!
โ Quick update:
โข HBAR is trading at $0.2725 after jumping 17% in 24h and over 40% this week.
โข Market cap now $11.9B, volume up 126%, making it one of the weekโs hottest altcoins.
๐ Why itโs moving:
โข Optimism over possible HBAR spot ETF in the US
โข Growth in Hederaโs DeFi space ($215M TVL)
โข New partnerships bringing enterprise use cases
๐ Technical picture (explained simply):
โข HBAR has broken out of a falling wedge that capped price for months โ strong bullish signal
โข Currently trades well above its 20โday moving average ($0.19) โ momentum is real
โข RSI is at 85 โ shows strong buying, but also that price might be โoverboughtโ short term
โข Bollinger Bands are widening โ means volatility is increasing; big moves possible
๐ Next resistance & support:
โข Immediate resistance: $0.297โ0.30
โข Stronger target: $0.37
โข Psychological target: $0.50
โข Nearest support to watch if price pulls back: $0.237
๐ก What traders can do now:
โ If price holds above $0.26โ0.27, bulls stay in control; could push toward $0.30+
โ If RSI cools down & price drops, look for a retest near $0.24โ0.26 for better reโentry
๐ Clear break above $0.30 with volume โ could open the path toward $0.37, then $0.50
๐ Summary:
HBARโs breakout isnโt just hype: itโs backed by volume, DeFi growth, and big partnerships.
The trend is bullish, but shortโterm pullbacks can happen. Watch for support above $0.26 and keep an eye on momentum before chasing higher levels.
