Hedera (HBAR) demonstrates potential for a 50% increase with a critical resistance test

Technical setup indicates Movement: Hedera (HBAR) is nearing a MAJOR breakout, with a bullish pennant pattern suggesting a possible rise of 54.45%. Currently, it fluctuates around 0.29-0.30 USD, a crucial resistance level that must be surpassed.

Caution advised for traders: If HBAR breaks through this resistance, it could reach 0.45-0.50 USD. However, traders should be aware that a rejection might bring prices back to 0.26 USD, necessitating close monitoring during this critical phase.