Hedera Breaks Out Above $0.10, Eyes $0.13 Resistance

Hedera (HBAR) has broken out of a long downtrend and is trading above $0.10, an important milestone for the token.

The breakout puts the next major resistance at $0.13 in focus, where buyers are now keeping a close eye on the price.

Historically, the $0.063 level has been a significant support area for HBAR, but if selling pressure returns to this region, it would be a good reference point for traders.

The token's recent rally has pushed its market capitalization to approximately $4.61 billion, with around $285 million in daily trading volume.