HBAR Climbs 7% as Strong Volumes Drive Breakout Toward Key Resistance
HBAR experienced a 7% increase over the past 24 hours, rising from $0.24 to $0.25. Trading volumes significantly exceeded the daily average, indicating strong market interest.
- The trading volume peaked at 119 million tokens, nearly double the average of 67.5 million, suggesting institutional activity.
- During late trading, HBAR tested resistance near $0.25 but maintained support, showing resilience and investor interest.
- Technical indicators showed robust bullish momentum, with a range of $0.02 representing 7% volatility.
- A significant surge occurred at 08:00, reaching a peak of $0.25 before consolidating.
- Institutional buying was evident with volume spikes exceeding 2.50 million during critical breaches.
- HBAR consistently formed higher lows, supporting the continuation of its uptrend and potential gains beyond $0.25.
