HBAR price shows bullish divergence, but weak fundamentals still haunt the rally

HBAR is currently showing a bullish divergence on the RSI, indicating a potential price increase. Despite improved funding rates and positive Chaikin Money Flow, the low trading volume raises concerns about the rally’s strength.

The HBAR price is facing a critical resistance at 0.162 USD. If this level is broken, it could reach 0.178 USD or even 0.217 USD. Conversely, failing to break this resistance might result in a decline back to 0.143 USD.

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