Orhan 
Hedera (HBAR) is an enterprise-focused blockchain platform that offers fast, low-cost, and environmentally friendly transactions using hashgraph technology.
Currently, HBAR is showing a strong upward movement and has reached a critical support level. If the price reacts positively from this area, the bullish trend could continue at full speed. However, if this level is broken, a deeper correction may occur.
Technical Levels
- Support Zones:
- $0.151: This is a critical support area for HBAR. If it manages to hold above this level, the upward movement could continue.
- If the $0.151 level is lost, the next important support is at $0.092, where a stronger correction could take place.
- Resistance and Upside Targets:
- If the upward movement continues, the first key target will be the $0.20 level. Closing above this level could increase the potential for reaching higher levels.
Overall Outlook:
For HBAR to continue its rise, it needs to maintain the $0.151 support level and see strong buying volume. Additionally, the overall market momentum and Bitcoin’s movements will also play a significant role in HBAR’s price performance.
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