Is it time to take off? $HBAR is nearing a price explosion amid bullish indicators!

Article content:

The $HBAR token shows interesting technical signals at the beginning of May, approaching significant resistance around $0.199. Weekly technical indicators are forming a "bullish engulfing" pattern, which warns of a strong breakout soon.

With the continuous increase in the adoption of the Hedera network by Web3 projects and enterprise solutions, it seems that $HBAR is preparing to reclaim higher levels that may reach $0.236$ in the coming weeks, according to Changelly's forecasts.

Key points:

Current price: ~ $0.187

Expected trading range this week: $0.187$ – $0.199

Highest potential price this month: $0.236

Average target for 2025: $0.36$ according to DigitalCoinPrice

Are you betting on the upcoming rise? Or do you prefer to wait for confirmation?

Share your opinion in the comments, and don't forget to add the coin to your watchlist on Binance!

This is not financial advice, do your own research.

#HBAR# bainans square #تحليل Technical 🚀🚀🚀