$HBAR market update 🟢
HBAR canary ETF sees $3.3 Million inflows, boosting total assets to $57.4 Million, indicating strong institutional support.
Hedera ranks as top Blockchain for real world assets development surpassing $LINK and $AVAX
* Entry Point: $0.0940 – $0.0948
* Target 1: $0.0967 (Recent local high)
* Target 2: $0.1000 (Psychological resistance level)
* Target 3: $0.1050 (Major structural resistance)
* Stop Loss: $0.0915 (Just below the EMA 25)
HBAR is showing strong bullish momentum after breaking out of a consolidation phase. The price is currently trading above the EMA 7, 25, and 99, indicating a healthy trend alignment across multiple timeframes. The MACD shows a bullish crossover with expanding green histograms, while the RSI sits at approximately 65, suggesting there is still room to run before hitting overbought territory. However, the most recent candle shows a slight rejection from the $0.0967 peak, so a brief consolidation or "flag" formation is likely before the next leg up.
