HBAR Eyes $0.18 as Volume Surge Signals Possible Breakout
CoinDesk
Hedera's HBAR token is approaching a key resistance level, with a 38% volume surge suggesting a potential breakout toward $0.18.Summary
Hedera's HBAR token rose to $0.1725 on Tuesday, accompanied by a 38% surge in trading volume above its 30-day average, indicating renewed trader interest despite a lack of specific fundamental catalysts. The price action shows HBAR consolidating while forming higher lows, testing resistance near $0.1742. Technical analysis suggests an ascending triangle pattern, targeting $0.18 upon a successful break above $0.1742. Key support is identified at $0.1692, with a critical volume-weighted support zone at $0.1601, suggesting that tactical repositioning is currently underway.
(Source：CoinDesk)