HBAR has seen a notable increase, currently priced at 0.20 USD after a weekly rise of 24%. This price reflects investor confidence, with the funding rate at a five-month high and significant long contracts in the market.
For HBAR to continue its upward trend, it must break the resistance level at 0.222 USD, which could lead to a target of 0.250 USD. If it fails to maintain above 0.200 USD, a drop to 0.182 USD may occur.
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