Strong Volume Pushes HBAR Up 7%, Approaching Major Resistance

Hedera’s native token HBAR surged 7% over the past 24 hours, climbing from $0.24 to $0.25 as trading activity picked up sharply. Early-session accumulation around $0.23 set a strong foundation for the token’s push through multiple resistance levels.

Momentum peaked between 07:00 and 09:00, with volumes reaching 119 million tokens — nearly double the 24-hour average of 67.5 million. The breakout signals heightened institutional participation and strengthens the bullish outlook for further gains.

HBAR tested resistance near $0.25 in late trading, encountering some selling pressure, but maintained support at the same level during the final hour of the session. The token’s consistent higher lows and elevated volumes indicate resilience and position HBAR for potential upside beyond $0.25.

Technical Highlights:

• Price Range: Advanced from $0.24 to $0.25 over 24 hours, representing 7% volatility.
• Volume Spikes: Morning breakout and resistance tests exceeded 2.5 million tokens.
• Consolidation: Formed an ascending channel between $0.25 support and resistance with multiple breakout attempts.
• Momentum: Sustained bullish momentum with consistent higher lows, reinforcing the ongoing uptrend.

HBAR’s strong volume-driven rally and resistance-level consolidation suggest the token may continue its upward trajectory.

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