HBAR Price Aims to Bounce Back from September Lows
Hedera's native token HBAR is showing signs of recovery after a sharp pullback in September. The token fell from $0.082 on September 7 to a low near $0.072 on September 16 before buyers stepped in.
According to crypto analyst Jesse Olson, HBAR's daily chart shows a bullish divergence followed by a higher low, indicating that the selling activity may be fading away.
The technical setup is also drawing attention as HBAR retraced into a key target area and appeared to find support there. A break and close above $0.078-$0.080 would support the recovery pattern established by Olson.