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Hedera (HBAR) Price Eyes 57% Rally as Short Squeeze Looms Over Traders
Yahoo Finance· 2026-02-15 15:58
Core Insights - Hedera's price has recently surged, indicating a potential breakout from a bullish chart pattern, which reflects improving sentiment in select altcoins [1] - The Money Flow Index (MFI) shows rising buying pressure for HBAR, suggesting that capital is returning to the asset and indicating growing demand during early recovery phases [2] - Investors are accumulating HBAR as the price rises, providing liquidity support and reinforcing a bullish structure, with a critical liquidation level at $0.1084 that could trigger further price increases [3][4] Price Dynamics - HBAR is currently trading at $0.1025, approaching the $0.1030 resistance level, and securing this level as support would confirm a breakout [5] - The token is within a descending broadening wedge formation, projecting a potential 57% rally upon confirmation, with a more realistic target near $0.1234 to recover recent losses [6] - If profit-taking occurs prematurely, there is a risk of a pullback towards the $0.0901 support level, which would invalidate the bullish outlook [7]