Hedera’s native token HBAR posted a 7% gain over the past 24 hours, climbing from $0.24 to $0.25 amid elevated trading activity and breaking through multiple resistance levels. Early-session accumulation around $0.23 provided a firm base, propelling the token steadily toward key resistance zones.

Momentum intensified between 07:00 and 09:00, with trading volumes peaking at 119 million tokens — nearly double the 24-hour average of 67.5 million. The breakout and sustained buy-side pressure indicate heightened institutional interest and reinforce the bullish outlook.

HBAR tested resistance near $0.25 in late trading, encountering some selling pressure, but maintained support at that level during the final hour of the session. Elevated volumes and consistent higher lows suggest the token remains well-positioned for further gains beyond $0.25.

Technical Overview:

• Price Action: Advanced from $0.24 to $0.25 over 24 hours, with a 7% range of $0.02.
• Volume: Key peaks during morning breakout and resistance tests at 15:33 and 15:54, exceeding 2.5 million tokens.
• Consolidation: Established an ascending channel between $0.25 support and $0.25 resistance with multiple successful breakout attempts.
• Momentum: Maintained robust bullish momentum throughout the session, showing sustained investor interest and higher lows that confirm the uptrend.

HBAR’s strong performance and elevated trading activity suggest continued upside potential as the token consolidates near critical resistance.