Bitcoin’s tailwind lifts HBAR—can the altcoin break $0.163 and seal a trend reversal?

HBAR recently experienced a 12% increase, suggesting a possible end to a two-month downtrend. The Relative Strength Index has bounced back from being oversold, indicating a shift in investor sentiment towards recovery.

The altcoin is currently facing resistance at $0.154 and $0.163. A break above these levels could signify the end of the downtrend. However, if bullish momentum fades, HBAR risks retreating to $0.139 or $0.133.

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