Hedera Price Surge: Trendline Bounce and Unverified Integration Claim

The price of Hedera (HBAR) has been steadily increasing in recent weeks, and its current trendline bounce is attracting attention from traders. The cryptocurrency is currently trading at $0.08001, down 0.87% on the day after a minor pullback within its strong uptrend.

Futures volume over the past 24 hours sits at $118.51 million against spot volume of $31.71 million, showing that leveraged traders are more active than spot buyers around this level. Hedera's market cap currently stands at $3.50 billion, with open interest at $113.65 million.

The latest news driving the market is a claim from Crypto X AiMan on social media platform X that the U.S. Department of Transportation has integrated Hedera's Hashgraph technology for nearly 300 million vehicles in America. However, this claim remains unverified through any official channel and could be exaggerated or inaccurate.

The level to watch on the upside is $0.08690, a close above which would confirm continuation of this bullish structure and open the path toward $0.10001 as the next resistance target. On the downside, if HBAR closes below $0.07288, that would undercut the recent trendline bounce and shift the near-term outlook bearish.