Hedera gains 15% – Why this range could be HBAR’s next hurdle

Hedera’s HBAR recorded an impressive 15% increase in 24 hours due to significant whale accumulation and boosted buyer interest.

Despite a generally uncertain market environment, the strong trading volumes in spot and futures indicate a bullish sentiment among investors.

Key resistance is observed between 0.21 USD and 0.29 USD, and while bullish momentum is present, profit-taking from short-term holders poses a risk.