Hedera (HBAR) Eyes Breakout Toward $0.20 as RWA Growth Supports Bulls
Hedera (HBAR) is currently consolidating within a falling-wedge pattern as selling pressure persists, while bulls watch for signs of recovery.
According to crypto analyst Crypto With Gopal, HBAR's price has been compressing around the key support area near $0.07, forming a series of lower highs while defending the lower boundary.
This structure suggests that selling pressure may be gradually losing strength, potentially leading to a bullish reversal formation if price successfully breaks above the upper trendline.
A break above this level could attract fresh buying interest and open the door toward the $0.10, $0.20 region, but confirmation remains important as a failed breakout could leave HBAR vulnerable to another wave of selling.