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Hedera Hashgraph (HBAR) has surged over 20% in the past week, riding the bullish wave sweeping the crypto market. Analysts highlight a key breakout from a falling wedge pattern, signaling potential for further gains. Traders are closely watching resistance levels to confirm a sustained uptrend.
- HBAR has broken out of a falling wedge pattern, a bullish technical signal often preceding sharp upward moves.
- Key resistance levels to watch include $0.20 (200-day SMA) and $0.38 as potential upside targets.
- Market volatility remains a risk, with a drop below $0.175 potentially invalidating the bullish breakout.
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