Hedera Price Momentum Cools After Brief Rebound
BTCCSquare news:
Hedera's price action shows signs of exhaustion following a sharp recovery from recent lows. The asset initially carved a series of lower highs and lows before finding support around the 22nd, sparking a vigorous upside reversal. Aggregated open interest mirrored the move, declining during the downtrend before surging with the bullish impulse.
Market structure now suggests equilibrium. The consolidation pattern emerging since the 25th reflects waning conviction, with neither bulls nor bears establishing dominance. Open interest has plateaued alongside price—a classic cooldown signal after volatile movements. Traders appear to be repositioning for the next directional catalyst.
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