#HBAR
Trade HBAR now. . . strong bullish sentiments❤❤❤❤$HBAR
𝙃𝘽𝘼𝙍 𝙋𝙧𝙞𝙘𝙚 𝙋𝙧𝙚𝙙𝙞𝙘𝙩𝙞𝙤𝙣 – 𝙒𝙞𝙡𝙡 𝙒𝙝𝙞𝙩𝙚 𝙃𝙤𝙪𝙨𝙚 𝙍𝙚𝙘𝙤𝙜𝙣𝙞𝙩𝙞𝙤𝙣 𝙖𝙣𝙙 𝙀𝙏𝙁 𝙎𝙥𝙚𝙘𝙪𝙡𝙖𝙩𝙞𝙤𝙣 𝙁𝙪𝙚𝙡 𝘽𝙧𝙚𝙖𝙠𝙤𝙪𝙩 𝙛𝙧𝙤𝙢 $0.38 𝙇𝙚𝙫𝙚𝙡?
HBAR price has gained attention recently following several fundamental developments. The participants in the market are now majorly observing as to how these shifts may influence the future price movement. Amid growing speculation and macro-level buzz, traders appear to be adjusting their expectations. With more institutional and retail interest, Hedera (HBAR) sentiment is still developing.
HBAR has rebounded sharply off the key support area of $0.238 making higher lows and restoring lost initiative. The sudden recovery has returned the token to a crucial structural level. The price is currently sitting just under the $0.294 resistance level. This level had served as a resistance in April and June so it is a key area to observe in the short term run. An upside breakout of this area would pave the way to a possible long-term bullish trend. Action at this level indicates great interest by both buyers and sellers historically.
The DMI indicator also favors the bulls. The positive directional line (blue) is trending up and it is above the negative line (orange), indicating that the buyers are currently stronger than the sellers.
The structure is further strengthened by short-term consolidation above the $0.25 level. This establishes a solid foundation that would facilitate further breakout.