Hedera Pullback May Set Up 50% HBAR Breakout
Hedera (HBAR) has gained about 1% in the past 24 hours and roughly 11.3% over the last week, even as monthly and quarterly returns remain negative. Recent price action and a pullback between Feb. 14 and Feb. 15 suggest a potential breakout setup is forming. On the 12-hour chart HBAR appears to be tracing a bullish flag-and-pole: an initial rally that lifted prices nearly 50% between Feb.
6 and Feb. 14, followed by a controlled 9% correction that stayed within the flag. The token now trades near $0.101, close to the flag’s upper boundary that would act as the breakout trigger. Momentum and investor flows support the bullish case. RSI showed a bullish divergence between Jan.
25 and Feb. 15 — price made a lower low while RSI posted a higher low — and HBAR found support around $0.098. Exchange netflow recorded $2.49 million of outflows on Feb. 15, the largest in over a week, indicating accumulation. The Bull Bear Power stayed positive and the Smart Money Index remained above its signal line.
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