Hedera’s Pullback Strengthens Breakout Hope — Can HBAR Price Make a 50% Jump?

Hedera (HBAR) price is showing renewed strength, climbing over 11% in the last week despite negative monthly performance, indicating a potential bullish breakout. Technically, HBAR appears to be forming a bull flag pattern on the 12-hour chart following a nearly 50% rally, with the recent 9% correction remaining within the flag structure. Momentum indicators support this outlook; the Relative Strength Index (RSI) showed a bullish divergence during the dip near the $0.098 support level, signaling that selling pressure is weakening. Furthermore, exchange flow data revealed significant outflows on February 15, suggesting accumulation as investors moved HBAR to private wallets. With the Bull Bear Power indicator remaining positive and the Smart Money Index staying above its signal line, buyer strength is intact. If HBAR breaks the key resistance level at $0.101, the pattern could trigger a rally toward $0.150, representing a nearly 50% jump, though failure below the $0.086 support would invalidate the setup.

(Source：BeInCrypto)