HBAR Price Holds Above $0.09 as Rounding Bottom Setup Forms

The price of HBAR has held above $0.09 as analysts track a larger recovery setup. Market data shows that HBAR is currently trading at $0.09281, up 0.99% over the past 24 hours.

HBAR traded between $0.09115 and $0.09667 during the session, with the token briefly moving towards $0.097 before giving back part of the advance. The market is now back near $0.093, with $0.10 remaining as the nearest round-number level above price.

Lana Valentis' chart shows a longer recovery structure, focusing on a rounded bottom setup. Valentis describes the pattern as a rounding-bottom setup, which would require HBAR to sustain its breakout above the former descending trendline and work through nearby resistance bands.