HBAR Bulls Eye $0.082 Resistance as Token Prints 2.94% Gain

HBAR, the native token of the Hedera network, rose to $0.08107 with a 2.94% increase over the past 24 hours. The token’s price fluctuated between $0.07803 and $0.08157 during the latest trading session.

The $0.082 psychological resistance is now in focus as traders look for continued strength to push past this threshold. This level has been a key target for HBAR bulls, who have been defending higher lows throughout the session.

Technical indicators suggest growing bullish sentiment behind HBAR’s latest price action. The Chaikin Money Flow (CMF) indicator shifted to 0.11, moving out of negative territory, which signals that purchasing volume outweighed selling during the period.