Hedera Hashgraph / TetherUS
롱

HBAR: Rising Wedge Breakout

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Hedera Hashgraph (HBAR) technical analysis:

Trade setup: Breakout from a Rising Wedge pattern and in an Uptrend. Notably higher volumes on up days recently, which is also positive. Upside to $0.08 resistance or even $0.10.

Trend: Uptrend on Short- and Medium-Term basis and Neutral on Long-Term basis.

Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).

Support and Resistance: Nearest Support Zone is $0.050 (previous resistance), then $0.035. The nearest Resistance Zone is $0.060, which it broke, then $0.080 and $0.100.

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