HBAR Price Bounces Back as Analysts Eye Potential Breakout

The price of HBAR has rebounded from its recent low of $0.08008 to trade at around $0.08273, a gain of 2.75% over the past 24 hours.

This recovery suggests that demand for HBAR is strong near the $0.080 level, but buyers still face resistance between $0.08314 and $0.084.

Kamran Asghar, a crypto analyst, has mapped out a likely trajectory for HBAR on its 4-hour chart, which suggests a breakout towards $0.084 if the price closes above the red resistance line.