Hedera’s (HBAR) market outlook brightens as demand for longs strengthens

Hedera (HBAR) witnesses a surge in long trading positions, resulting in a bullish sentiment among traders. The long/short ratio has peaked at 1.08, indicating a strong demand for long bets, suggesting optimism about upcoming price movements.

Investor interest is supported by Hedera Foundation’s collaboration with Zoopto for a potential TikTok acquisition. Following a temporary drop to 0.153 USD, HBAR shows recovery potential, driven by robust buyer support.

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