$HBAR 🎯 HBAR's $0.153 Test: Breaking the Short-Term Ceiling

Hedera (HBAR), currently trading near $0.1337, is targeting the $0.153 resistance level, which represents a short-term rally of approximately 14.4%. This $0.153 price point is exceptionally critical as it sits at the upper boundary of a recent consolidation range and aligns closely with the 20-day Moving Average (reported around $0.1543 in recent data), making it a key technical ceiling that must be overcome to confirm a short-term reversal.

The current price action is showing signs of being at a critical juncture, forming what some analysts see as a potential bottom formation . Despite a broader technical environment signaling a "Strong Sell" , the fundamental drive from enterprise adoption and the token's position in a major descending trendline suggests a decisive breakout could trigger a momentum spike. For HBAR to reach $0.153, it must first decisively close above the immediate resistance near $0.147). A successful, high-volume close above $0.155 would flip this resistance zone into support and pave the way for a test of the next major resistance cluster near $0.17 to $0.18.

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