HBAR Rises Past Key Resistance After Explosive Decline

HBAR has recently surged past a significant resistance level of $0.19, experiencing an impressive 9% recovery within a 23-hour period. The bullish momentum was marked by a dramatic increase in trading volume, with 15.65 million tokens exchanged at one point, indicating renewed institutional interest. Following the explosive volume surge, HBAR rallied from $0.187 to a peak of $0.191, demonstrating strong market participation and resilience. This increase has solidified a new support level around $0.189, encouraging traders amidst a tide of positive market sentiment. As HBAR trades above this support, the outlook remains optimistic for further upward movement if current momentum continues and overall market conditions remain favorable. The asset’s ability to maintain stable trading activity, alongside institutional accumulation, reflects a solid market conviction after recovering from earlier lows around $0.17.

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