📈 Hedera (HBAR) Technical Analysis – July 2025
HBAR continues to show strong bullish structure after breaking out of multiple downtrend patterns on high timeframes.
✅ Key Highlights:
Broke out of a long-term falling wedge (7D TF) — rallying over +1000% since breakout!
Recently broke out of another down channel and confirmed it with a retest + double bottom at $0.14.
Price is now consolidating above the key $0.24 level, which has flipped from resistance to support — seen across daily and weekly charts.
🎯 Next Price Targets:
📌 Short-term: $0.40 (top of recent channel)
🚀 Long-term: $0.50 (top of the falling wedge pattern)
🔎 Pattern Confirmation:
Strong bounce from $0.14 area (multi-month support)
Double bottom and volume confirmation adds confluence to bullish thesis
📊 If price sustains above $0.24 and breaks $0.30 with volume, we may see the full measured move play out.