#Hedera $HBAR Surges 17.49 % (d), Defying Market Trends


While the broader crypto market faced a pullback, #HBAR surged by 17.49%, making it one of the few altcoins in the green. This rally pushed its price to $0.25, breaking key resistance levels and surpassing the 50-day moving average a bullish signal.


Key Factors Behind HBAR's Growth:

🔹 Trading Volume Surge – On-chain data shows HBAR's volume exceeded $1.13B$

+111.18%, indicating strong investor interest.

🔹 Next Target: $0.28 – If momentum continues, HBAR could test the $0.28 resistance, while support remains at $0.22.


Will the Uptrend Hold?

Sustaining high trading volume and Open Interest is crucial for further growth. A decline in these metrics could indicate a loss of momentum, potentially leading to a price correction.


I continue to hold the position of $HBAR , which I wrote about earlier in the channel!


  t.me/+A_LfFPLS72piNWRi Conservative signals

image
March 02, 2025 at 3:34 AM
236
31
19
19
12
7