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๐ Hederaโs native token HBAR looks poised for a bullish rebound as a key on-chain metric โ daily active accounts โ has recovered strongly from late-June lows ๐.
Technicals now show a double-bottom pattern with solid support at $0.1254 and a clear neckline at $0.2298. A decisive break above $0.2300 could open the door to a rapid climb toward $0.30, marking a 52% surge from current levels. Meanwhile, the RSI has turned up from oversold territory, and the MACD just triggered a bullish crossover on the daily chart, reinforcing positive momentum ๐ฅ.
If buyers defend the $0.20โ$0.22 zone on any pullback, HBAR should continue higher. However, a drop below $0.18 might test the next support at $0.15. With network usage recovering and institutional interest picking up, the overall outlook is skewed bullish for HBAR in the near term ๐.
#LogicDir #hbar #hedera #Bullish #DayTradingStrategy $HBAR
Technicals now show a double-bottom pattern with solid support at $0.1254 and a clear neckline at $0.2298. A decisive break above $0.2300 could open the door to a rapid climb toward $0.30, marking a 52% surge from current levels. Meanwhile, the RSI has turned up from oversold territory, and the MACD just triggered a bullish crossover on the daily chart, reinforcing positive momentum ๐ฅ.
If buyers defend the $0.20โ$0.22 zone on any pullback, HBAR should continue higher. However, a drop below $0.18 might test the next support at $0.15. With network usage recovering and institutional interest picking up, the overall outlook is skewed bullish for HBAR in the near term ๐.
#LogicDir #hbar #hedera #Bullish #DayTradingStrategy $HBAR
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