Hedera Coin Soars 13% as Triple Bottom and Market Hunger Ignite a Rally

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Ah, the sweet scent of a market rally! Hedera’s price has reclaimed key mid-range levels, signaling not just some fluke, but a concerted act of accumulation, rising momentum, and – dare we say it – improving market sentiment. With buyers holding the fort and volume expanding, Hedera now boasts a bullish setup. If support holds, we might just see this thing keep climbing. Or, you know, it could crash. Time will tell. 🙄

Triple Bottom Structure Forms Within a Weekly Demand Zone

And here we are again. HBAR posted a recovery that would make even the most stoic investor shed a tear of joy. It formed a clear triple-bottom pattern inside a weekly demand zone that’s been hanging around like a forgotten guest for months. Market data reveals three distinct retests of this area, each one creating reaction wicks. These aren’t just lines, folks. They’re signs of renewed buying pressure. Oh, the drama of it all! 😏

For those who enjoy stability amidst the chaos, the repeated defense of this region during a prolonged downturn provided just enough breathing room for Hedera to consolidate before its glorious breakout. They say patience is a virtue, and here, it’s paying off in spades. Or is it? 🤔

The weekly falling channel? Oh, it’s still intact, with the latest touch lining up perfectly with the lower boundary. This technical alignment suggests that the broader trend structure remains, well, “orderly.” A bit too neat for some tastes, but stability isn’t all bad. Unlike the usual wild market swings, each retreat into the channel resulted in controlled candles, not massive sell-offs. Looks like sellers have been put in their place. 😤

Breakout Structure Reflects Momentum Shift on Higher Time Frames

Hold on to your hats, because Hedera’s breakout from the lower part of the falling channel marks its first real upward shift in, what, weeks? The breakout happened when the price surged above descending resistance, bolstered by a series of higher lows. The shift suggests earlier accumulation phases are finally showing up in price action. It’s like watching a slow-burning fire finally get some oxygen. 🔥

The mid-channel region? It’s now reclaimed, sitting pretty as a structural pivot point in recent sessions. Once the price settled above this level, it was like a power struggle between buyers and sellers – and guess what? Buyers seem to have won this round. They’re defending this reclaimed territory like it’s their last slice of pizza. 🍕

Intraday Chart Shows 13% Gain Driven by Higher Volume

The intraday chart is practically buzzing with excitement: a 13% gain from $0.133 to above $0.150 in 24 hours. No, it’s not a typo. Volume expanded, showing that market participation is not just alive, but thriving. The rise came through a series of higher lows, confirming a short-term upward trend. Buyers were active all session long, much to the chagrin of any sellers trying to make a quick buck. 💸

In the peak of the intraday push, HBAR reached a high of $0.1504 before deciding to take a breather. A little moderation, you know, just to keep things interesting. Despite the cool down, the market kept most of the gains, holding steady at $0.149-$0.150 by the close of the session. Sellers? They couldn’t budge the market back into its earlier ranges. 🤑

Market Holds Reclaimed Range as Buyers Maintain Control

Now, Hedera has established a floor above the mid-$0.14 region, a level that traders are watching like hawks. If this zone holds, the upward trajectory could continue. The recent pullbacks have been shallow, which means demand is still steady. Buyers are clearly responding to dips like they’re Black Friday deals. 🛍️

Should the pair hold above this reclaimed range, we could see the broader trend move toward higher price levels. A slip back below the mid-$0.14 area could throw things back into the consolidation zone. But hey, that’s not happening yet. As of now, the breakout and strong daily gain give us a clear technical structure that’s finally breaking free from weeks of suffocating range-bound activity. 😎

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2025-11-25 01:17