HBAR Surges 7% Amid Robust Volumes, Targets Critical Resistance Level

Hedera’s native token HBAR climbed 7% over the past 24 hours, rising from $0.24 to $0.25 amid robust trading activity. Early-session accumulation around $0.23 laid the foundation for a push through multiple resistance levels.

Momentum peaked between 07:00 and 09:00, with volumes hitting 119 million tokens — nearly double the 24-hour average — signaling elevated institutional interest.

HBAR tested resistance near $0.25 in late trading, facing some selling pressure but holding support at the same level. Consistent higher lows and sustained buy-side pressure indicate resilience and suggest the token is well-positioned for further gains above $0.25.

Technical Snapshot:

• Price Action: $0.24 → $0.25, 7% volatility.
• Volume: Key breakout and resistance tests saw spikes above 2.5 million tokens.
• Trend: Ascending channel formed, multiple successful breakouts confirming ongoing bullish momentum.

HBAR’s volume-driven rally and support at resistance highlight potential for continued upside.