Hedera (HBAR) is currently hovering near the psychological support of 0.20 USD, with mixed technical signals. The BBTrend is at 0.97, indicating weak bullish momentum, while the RSI has fallen dramatically to 49.58 after Bitcoin’s recent drop. Traders are on alert for potential breakdowns.
If bearish momentum continues, HBAR may drop below 0.20 USD, targeting 0.192 or lower. However, should the market stabilize, the first resistance level to watch is 0.209, and a breakout above could lead to further moves towards 0.228.
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