Hedera Coin Gains 13% as Triple Bottom and Demand Zone Spark a Strong Rally
Hedera (HBAR) rallied 13% after forming a triple-bottom pattern within a weekly demand zone, signaling strong accumulation and upward momentum.Summary
Hedera (HBAR) experienced a strong 13% price rally, moving from around $0.133 to over $0.150, driven by technical factors suggesting renewed buying pressure. The recovery was underpinned by the formation of a clear triple-bottom pattern situated within a multi-month weekly demand zone, which buyers repeatedly defended. This defense provided the stability needed for a breakout above the lower boundary of a falling channel, marking a significant shift from range-bound activity to directional movement on higher time frames. The intraday advance occurred on expanding volume, confirming strong market participation. Currently, HBAR is holding above the reclaimed mid-$0.14 region, and as long as this support remains intact, the bullish setup favors continued upside potential.
(Source：Brave New Coin)